Question: A perpetuity is when... Dividends are constant forever Dividends grow at a constant rate forever Dividends grow for a finite amount of time at one

A perpetuity is when...

Dividends are constant forever

Dividends grow at a constant rate forever

Dividends grow for a finite amount of time at one growth rate and then at a constant rate forever

Coupons are paid at regular intervals

Coupons are constant foreve

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