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An annuity: [A] is a stream of payments that fluctuate with current market interest rates. [B] is a stream of equal payments that occur in
An annuity: [A] is a stream of payments that fluctuate with current market interest rates. [B] is a stream of equal payments that occur in equal periods of time for a finite period. [C] has a longer life span than a perpetuity. The yield to maturity on a bond is the rate: [A] computed as annual interest divided by the bond's market price. [B] of return currently required by the market. [C] of annual interest paid on the bond.
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