Perpetubes 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. The value of a perpetuity cannot be determined. The current value of a perpetuity is based more on the discounted value of its nearer (in time) cash flows and less by the discounted value of its more distant (in the future) cash flows. A perpetuity is a stream of regularly timed, equal cash flows that continues forever. A perpetuity is a stream of unequal cash flows. A local bank's advertising reads: "Give us $45,000 today, and we'll pay you $800 every year forever. If you plan to live forever, what annual interest rate will you earn on your deposit? 1.78% O 1.42% 2.14% O 2.85% 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 $67,500. This revision, which will the interest rate earned on your deposited funds, will adjust your earned interest rate to the process of calculating the present value of a cash flow or a series of cash fic Discounting wing investments that pay will $12,000 in 6 years will have a lower price today? Compounding Eurity that earns an interest rate of 8.25%. The security that earns an interest rate of 5.50%