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Why are some preferred shares a perpetuity? a)It involves an interest rate that fluctuates with the market. b)It involves a future value factor similar to

Why are some preferred shares a perpetuity?

a)It involves an interest rate that fluctuates with the market.

b)It involves a future value factor similar to future value.

c)It involves multiple cash flow streams in present value.

d)It involves a constant cash payment to shareholders.

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