Which of the following statement is false?

A.The present value of perpetuity formula can be derived from the PV of ordinary annuity by finding limit where n approaches to infinity in the PV ordinary annuity formula.

B.For a perpetuity, we can only calculate its present value of ordinary but not its future value.

C.In an ordinary annuity, payments occur at the end of each period until the n1 period.

D.In an annuity due, payments occur at the beginning of the period and ends on the n1 period.