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    Financial Management Principles and Applications Study Set 2
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    Exam 6: The Time Value of Money-Annuities and Other Topics
  5. Question
    A Perpetuity Is an Investment That Continues Forever but Pays
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A Perpetuity Is an Investment That Continues Forever but Pays

Question 112

Question 112

True/False

A perpetuity is an investment that continues forever but pays a different dollar amount each year.

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