menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Corporate Finance Study Set 24
  4. Exam
    Exam 5: The Time Value of Money
  5. Question
    A Stream of Equal Cash Payments Lasting Forever Is Termed
Solved

A Stream of Equal Cash Payments Lasting Forever Is Termed

Question 29

Question 29

Multiple Choice

A stream of equal cash payments lasting forever is termed as:


A) an annuity.
B) an annuity due.
C) an installment plan.
D) a perpetuity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q20: What APR is being earned on a

Q25: You are considering the purchase of a

Q26: The salesperson offers, "Buy this new car

Q53: If $120,000 is borrowed for a home

Q72: After reading the fine print in your

Q77: Accrued interest declines with each payment on

Q83: Assume the total expense for your current

Q101: Any sequence of equally spaced,level cash flows

Q106: How much interest will be earned in

Q111: The present value of an annuity due

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines