Multiple Choice
A perpetuity is defined as a sequence of:
A) equal cash flows occurring at equal intervals of time for a specific number of periods.
B) equal cash flows occurring at equal intervals of time forever.
C) unequal cash flows occurring at equal intervals of time forever.
D) unequal cash flows occurring at equal intervals of time for a specific number of periods.
Correct Answer:
Verified
Correct Answer:
Verified
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