Business, 14.02.2020 00:10, yasmin7813
Perpetuities are also called annuities with an extended, or unlimited, life. Based on your understanding of perpetuities, answer the following questions. Which of the following are characteristics of a perpetuity? Check all that apply. a. In a perpetuity, returns-in the form of a series of identical cash flows-are earned. b. The present value of a perpetuity is calculated by dividing the amount of the payment by the investor's opportunity interest rate. c. The principal amount of a perpetuity is repaid as a lump-sum amount. d. A perpetuity continues for a fixed time period.
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Perpetuities are also called annuities with an extended, or unlimited, life. Based on your understan...
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