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Payment of security if it is made at end of each...

This question belongs to Commerce Financial Management
Financial Management
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Payment of security if it is made at end of each period such as beginning of year is classified as

Answer & Solution
Correct Answer: Option A
Payment of security if it is made at end of each period such as beginning of year is classified as annuity due. An annuity due is a repeating payment that is made at the beginning of each period, such as a rent payment.
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