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What happens to the future value of a perpetuity if interest rates increase? If the rate of periodical payments is lower than the interest rate,

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What happens to the future value of a perpetuity if interest rates increase? If the rate of periodical payments is lower than the interest rate, the future value decreases. If the rate of periodical payments is higher than the interest rate, the future value decreases. The future value of a perpetuity is undefined since the payments are perpetual. The future value decreases. The future value increases

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