A Growing Annuity Is a Set of

Multiple Choice

A growing annuity is a set of

A) arbitrary cash flows occurring each time period for no more than 10 years.
B) level cash flows occurring each time period forever.
C) steadily increasing cash flows occurring each time period for a fixed number of periods.
D) increasing cash flows occurring each time period forever.
E) level cash flows occurring each time period for a fixed period of time.