Which One of the Following Statements Is True Concerning the Duration

question 79

Multiple Choice

Which one of the following statements is true concerning the duration of a perpetuity?

• A) The duration of a 15% yield perpetuity that pays $100 annually is longer than that of a 15% yield perpetuity that pays $200 annually.
• B) The duration of a 15% yield perpetuity that pays $100 annually is shorter than that of a 15% yield perpetuity that pays $200 annually.
• C) The duration of a 15% yield perpetuity that pays $100 annually is equal to that of a 15% yield perpetuity that pays $200 annually.
• D) The duration of a perpetuity cannot be calculated.

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Definitions:

Smartphone

A mobile phone that combines cellular and mobile computing functions into one unit, typically featuring a high-resolution touchscreen, internet connectivity, and the ability to run various software applications.

Information Technology

The study or use of systems for storing, retrieving, and sending information, primarily involving computers and telecommunications.

Mobile Devices

Mobile devices are portable electronics capable of running applications and connecting to the internet, such as smartphones and tablets.

Learning Management System (LMS)

A software application for the administration, documentation, tracking, reporting, automation, and delivery of educational courses, training programs, or learning and development programs.