QUESTION 1 True or False, one can always determine the future value of any stream of cash flows by summing the future value of each individual cash flow. O True False QUESTION 3 A perpetuity is characterized by A. cash flows that very over time. B. Cash flows that are the same amount for a fixed, or finite, period of time. O C. cash flows that are the same amount each period and last forever, or perpetually. D.cash flows that are very large. QUESTION 2 An annuity is characterized by A. cash flows that vary in their amount and last forever. B. cash flows that are the same amount each period for a fixed, or finite, period of time. O C. cash flows that are the same amount each period for an indefinite period of time. D. cash flows that vary in their amount for a fixed, or finite, period of time