Mark is a 65-year-old whose only asset beside a small pension is a home that is mortgage free. He has no children, but he has nieces and nephews to whom he would like to leave a legacy. He intends to sell the home and use the proceeds to purchase an annuity. He wants an income for life, but he also wants to make sure that he is able to leave something to his nieces and nephews if he dies while they are still young and getting started in life. Which of the following statements identifies and supports his best choice of annuity? Question 24 options: A) A joint and last survivor annuity will pay him an income during his lifetime and upon his death will continue payments to his beneficiaries during their lifetimes. B) An installment refund annuity that will pay him an income during his lifetime and, upon his death, will continue to pay an annuity to his heirs until the total of the price he paid for the annuity is paid to his heirs. C) A life with a 10-year guaranteed period annuity will pay him an income during his lifetime and guarantee an additional 10 years of