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A security offers to pay the holder $1000 at the end of every month for five years. What type of annuity is this? Ordinary annuity.
A security offers to pay the holder $1000 at the end of every month for five years. What type of annuity is this? Ordinary annuity. Regular annuity. Perpetuity. Annuity-due
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
