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Perpetuibies are slso called annuibies with an extended or unlimited life. Based on your understanding of perpetuities, answer the following questions. Which of the following

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Perpetuibies are slso called annuibies 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 perpetuity is a stream of regularfy timed, equal cash flows that continues forever. 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 fiows. A perpetuity is a stream of unecuat cosh flows. A local bank's advertising reads: "Give us $50,000 today, and we'll poy you $900 every year forever." If you plan to tive forever, what annual interest rate will you earn on your deposit? 2.56% 1.60% 1.445 2.24% Dopst When you went in to make your depost, tha bank representative said the amaunt of required deposit reported in the advertisement was incorrect and should have read $75,000. This revision, which will the interest rate earned on your deposited funds, will adjust your earned interest rate to 2.24% Oops! When you went in to make your deposit, the bank represe incorrect and should have read $75,000. This revision, which will earned interest rate to he amount of required deposit reported in the advertisement was the interest rate earned on your deposited funds, will adjust your

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