Chose the option containing a true fact about perpetuities.

Question 8 options:

All else equal, the value of a perpetuity is higher when the interest rate is higher.

If two perpetuities have the same cash flows, they must have the same present value.

All else equal, the value of a perpetuity is lower when the interest rate is lower.

All else equal, the value of a perpetuity is higher when the periodic cash flow is lower.

If two perpetuities have the same present value and the same interest rate, they must have the same cash flows.