Cash flows associated with annuities are considered to be
A) an uneven cash flow stream.
B) a cash flow stream of the same amount (a constant cash flow stream).
C) a mix of constant and uneven cash flow streams.
D) none of the above.
Answer: B
Cash flows associated with annuities are considered to be
A) an uneven cash flow stream.
B) a cash flow stream of the same amount (a constant cash flow stream).
C) a mix of constant and uneven cash flow streams.
D) none of the above.
Answer: B