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(Solved): An annuity that goes on indefinitely is called a perpetuity. The payments of a perpetuity constitute ...



An annuity that goes on indefinitely is called a perpetuity. The payments of a perpetuity constitute a/an -Select-finiteinfiniteCorrect 1 of Item 1 series. The equation is: A -Select-preferredcommonCorrect 2 of Item 1 stock with no maturity is an example of a perpetuity. Quantitative Problem: You own a security that provides an annual dividend of $185 forever. The security’s annual return is 6%. What is the present value of this security? Do not round intermediate calculations. Round your answer to the nearest cent. $



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