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All of the following are true about variable annuities EXCEPT Select one: a . Payouts are made in units, not fixed dollar amounts. b .

All of the following are true about variable annuities EXCEPT

Select one:

.

Payouts are made in units, not fixed dollar amounts.

.

Annuity income varies with the market value of securities

.

.

Variable annuities are regulated by the S

.

.

.

.

Inflation has no effect on the value of the annuity payouts.

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