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the answer is NOT B or C All of the following are true regarding variable annuities EXCEPT? Select one: a. value of a variable annuity

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All of the following are true regarding variable annuities EXCEPT? Select one: a. value of a variable annuity is reported in terms of accumulation units b. annuity payments fluctuate with market values of the stock markety C. variable annuities are a potential hedge against inflation X d. can be sold by producers holding only a life insurance license

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