Examlex
Which of the following issues exchange-listed option contracts?
I. CBOE
II. SEC
III. OCC
IV. NASDAQ
Ordinary Annuity
An ordinary annuity consists of identical payments that are made at the conclusion of successive periods for a specified duration.
Deferred Annuity
An annuity contract that delays payments of income, installments or a lump sum until the investor elects to receive them.
Ordinary Annuity
Unchanging installments paid at the finale of successive terms over a fixed duration.
Deferred Annuity
An annuity contract that delays payments until the investor elects to receive them, usually at retirement.
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