A Perpetuity Is Defined As

question 77

Multiple Choice

A perpetuity is defined as:

• A) Equal cash flows at equal intervals of time for a specific number of periods
• B) Equal cash flows at equal intervals of time forever
• C) Unequal cash flows at equal intervals of time forever
• D) None of the above

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Definitions:

Financial Institutions

Organizations that provide financial services to its clients or members, including banks, credit unions, insurance companies, pension funds, and investment companies.