A series of constant cash flows that occur at the end of each period for some fixed number of periods is?
A. an ordinary annuity
B. annuity due
C. multiple cash flows
D. perpetuity
Answer:A
A series of constant cash flows that occur at the end of each period for some fixed number of periods is?
A. an ordinary annuity B. annuity due C. multiple cash flows D. perpetuity