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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