Which of the Following Statements Regarding Perpetuities Is FALSE

question 56

Multiple Choice

Which of the following statements regarding perpetuities is FALSE?

• A)PV of a perpetuity =
• B)To find the value of a perpetuity one cash flow at a time would take forever.
• C)One example of a perpetuity is the British government bond called a consol.
• D)A perpetuity is a stream of equal cash flows that occurs at regular intervals and lasts forever.

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Petitioning Party

The individual or group that initiates a legal action or request for a formal inquiry.

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The formal termination of a marriage through a court or authorized entity.

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Custody of a child that confers on the parent the right to make major decisions about the child's life without consulting the other parent.