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Which one of these payment streams fits the definition of an annuity due? Multiple choice question. A prize pays $ 1 , 0 0 0
Which one of these payment streams fits the definition of an annuity due?
Multiple choice question.
A prize pays $ a year for ten years, starting today.
A year car loan requires the last monthly payment be paid at the end of Year
A year bond pays semiannual interest with the first payment occurring six months after issuance.
A preferred stock pays a $ quarterly dividend.
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