An Annuity Stream of Cash Flow Payments Is a Set

Multiple Choice

An annuity stream of cash flow payments is a set of:

A) equal cash flows occurring at equal periods of time over a fixed length of time.
B) equal cash flows occurring each time period forever.
C) either equal or varying cash flows occurring at set intervals of time for a fixed period.
D) increasing cash flows occurring at set intervals of time that go on forever.
E) arbitrary cash flows occurring each time period for no more than 10 years.