In order to compute the present value of an annuity, it is necessary to know the
A) discount rate.
B) number of discount periods and the amount of the periodic payments/receipts.
C) both the discount rate and the number of discount periods and the amount of the periodic payments/receipts.
D) something in addition to the discount rate and the number of discount periods and the amount of the periodic payments/receipts.
Correct Answer:
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