Question: Question Mode Multiple Choice Question Which one of these payment streams fits the definition of an annuity due? Multiple choice question. A prize pays $

Question Mode
Multiple Choice Question
Which one of these payment streams fits the definition of an annuity due?
Multiple choice question.
A prize pays $1,000 a year for ten years, starting today.
A 4-year car loan requires the last monthly payment be paid at the end of Year 4.
A preferred stock pays a $2 quarterly dividend.
A 20-year bond pays semiannual interest with the first payment occurring six months after issuance.

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