Multiple Choice
Which of the following series of cash flows includes an imbedded annuity?
A) 10, 5, 6, 7, 8, 9, 10
B) 6, 6, 6, 6, 6, 6, 6
C) 5, 6, 7, 7, 7, 6, 7
D) 8, 7, 6, 5, 4, 3, 2
E) None of the above has an embedded annuity.
Correct Answer:
Verified
Correct Answer:
Verified
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