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Which of the following is the definition of a growing perpetuity? A constant stream of cash flows that lasts forever A stream of cash flows
Which of the following is the definition of a growing perpetuity?
A constant stream of cash flows that lasts forever | ||
A stream of cash flows that grows at a constant rate for a fixed number of periods | ||
A stream of cash flows that grows at a constant percentage rate forever | ||
A stream of constant cash flows that lasts for a fixed number of periods | ||
None of the above |
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