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Which of the Following Statements Is FALSE

Question 48

Multiple Choice

Which of the following statements is FALSE?


A) The difference between an annuity and a perpetuity is that an annuity ends after some fixed number of payments.
B) Most car loans,mortgages,and some bonds are annuities.
C) A growing perpetuity is a cash flow stream that occurs at regular intervals and grows at a constant rate forever.
D) An annuity is a stream of N equal cash flows paid at irregular intervals.

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