Question: 13. An annuity: A. has less value than a comparable perpetuity. B. is either an equal or an unequal stream of payments that occur in

13. An annuity: A. has less value than a comparable perpetuity. B. is either an equal or an unequal stream of payments that occur in equal time periods for a finite period. C. is a stream of payments that fluctuate with current market interest rates. D. is a stream of equal payments that occur in equal periods of time for a finite period. E. has a longer life span than a perpetuity.

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