Multiple Choice
A perpetuity differs from an annuity because:
A) perpetuity payments vary with the rate of inflation.
B) perpetuity payments vary with the market rate of interest.
C) perpetuity payments are variable while annuity payments are constant.
D) perpetuity payments never cease.
E) annuity payments never cease.
Correct Answer:
Verified
Correct Answer:
Verified
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