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Which of the following statements is TRUE? A ) There is no such thing as the PV of a perpetuity because there is no ending
Which of the following statements is TRUE?
A There is no such thing as the PV of a perpetuity because there is no ending point for a perpetuity.
B The righthand variables in the FV formula are the key factors determining stock prices.
C If the compounding frequency is more than once a year, EAR should be greater than APR.
D Ceteris Paribus, as a borrower, you would prefer the loan that has a higher effective annual rate EAR
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