A(n) ______________________ is a constant stream of cash flows that continues forever while a(n) ___________________ is a
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A(n) ______________________ is a constant stream of cash flows that continues forever while a(n) ___________________ is a constant stream of cash flows until some point in time.
1). perpetuity; annuity
2). amortization; perpetuity
3). perpetuity; amortization
4). annuity; perpetuity
Expert Answer:
Answer 4 annuity perpetuity Rationale An annuity is a constant stream of cash flowsA perpetuity is ... View the full answer
Related Book For 
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
Posted Date:
