Perpetuities 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 perpetulty? Check all that apply. The value of a perpetulty cannot be determined. The value of a perpetuity is equal to the sum of the present value of its expected future cash flows. 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 unequal cash flows. A local bank's advertising reads: "Give us 545,000 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? 0 2.499 1.789 1.60% 1.42% Oops! When you went in to make your deposit, the bank representative sold 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 fundo, will adjust your earned interest rate to