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    Corporate Finance Study Set 12
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    Exam 5: The Time Value of Money
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    An Equal Stream of Payments That Lasts Forever Is
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An Equal Stream of Payments That Lasts Forever Is

Question 27

Question 27

Multiple Choice

An equal stream of payments that lasts forever is:


A) a growing annuity.
B) a zero-coupon bond.
C) a perpetuity.
D) valueless.

Correct Answer:

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