(A) an ordinary annuity ()
(B) annuity due (X)
(C) multiple cash flows (X)
(D) perpetuity (X)
Answers: A series of constant cash flows that occur at the end of each period for some fixed number of periods is an ordinary annuity.
(A) an ordinary annuity ()
(B) annuity due (X)
(C) multiple cash flows (X)
(D) perpetuity (X)
Answers: A series of constant cash flows that occur at the end of each period for some fixed number of periods is an ordinary annuity.
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