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Question 1 6 1 pts Which stream of cash flows is not an example of an annuity? 4 8 - month car payment Mortgage payment

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16

1

pts

Which stream of cash flows is not an example of an annuity?

48 -

month car payment

Mortgage payment where the interest rate is reset annually

Fixed rate mortgage payment

Interest payment on a

10 -

year Treasury bond

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