CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

A perpetuity is ______.

A. an annuity with 40 periods to maturity
B. a growing stream of payments for 100 years
C. a lump sum payment received in 100 years
D. an annuity with no maturity
E. one single cash payment
Correct Answer: D

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