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A perpetual annuity is: A. calculated the same way as an ordinary annuity, but is increased by one times the interest rate. B. an annuity

A perpetual annuity is:

A. calculated the same way as an ordinary annuity, but is increased by one times the interest rate.

B. an annuity with no maturity.

C. valued (present value) by dividing the payment by the interest rate.

D. both answers B and C

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