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Which of the following are characteristics of a perpetuity? Check all that apply. The value of a perpetuity is equal to the sum of the

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Which of the following are characteristics of a perpetuity? Check all that apply. The value of a perpetuity is equal to the sum of the present value of future cash flows. The value of a perpetuity cannot be determined. I A perpetuity is a stream of equal cash flows that continues forever. A perpetuity is a stream of unequal cash flows. The value of a perpetuity is a finite number. A local bank's advertising states: "Give us $2,500 today, and we'll pay you $700 every year forever." If you plan to live forever, what interest rate will you earn? 22.96% 35.00% 4.20% O 28.00% What happens to the value of the bank deposit if the expected return is 21.00%? The present value of the bank deposit decreases to $2,125.00. The present value of the bank deposit increases to $3,333.33

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