Which of the following is a special case of annuity, where the stream of cash flows continues forever?
Correct answer: A. Perpetuity
- A. Perpetuity
- B. Special Annuity
- C. Annuity Due
- D. Ordinary Annuity
Explanation
A perpetuity is an annuity whose equal cash flows continue indefinitely. Ordinary annuities and annuities due have a specified number of payments.
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