Based on your understanding of perpetuities, answer the following questions: Which of the following are characteristics of a perpetuity? Check all that apply. In a perpetuity, returns-in the form of a series of identical cash flows-are earned. The principal amount of a perpetuity is repaid as a lump-sum amount. A perpetuity continues for a fixed time period. A perpetuity is a series of regularly timed, equal cash fiows that is assumed to continue indefinitely into the future: A local bank's advertisng reads: "Give us $10,000 today, and well pay you $3,200 every year forever." If you plan to live forever, what annual interest rete will you earn on your deposit? 32.009 25.60% 38.40% 44.80\% Oops! When you went in to make your deposit, the bank representative said the amount of required deposit reported in the advertisement was incorrect and should have read $15,000. This revision will the interest rote earned on your deposited funds. The change to your required deposit will cause your camed interest rate to change to