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The difference between an annuity and a no-growth perpetuity is:...

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The difference between an annuity and a no-growth perpetuity is:...

The difference between an annuity and a no-growth perpetuity is:

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Annuity payments are always changing.


The discount rate in the perpetuity is not constant.


The cash flows for the annuity are finite.


The perpetuity payments are changing.

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Answered by Manotimm on coursehero.com
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