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1. A preferred stock would be an ideal example of:

a. a perpetuity.

b. an ordinary annuity.

c. an annuity due.

d. a growing annuity.

2. Cash flows associated with annuities are considered to be:

A. a constant cash flow stream.

B. an uneven cash flow stream.

C. a mix of constant and uneven cash flow streams.

d. a cash flow stream with decreasing trend.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91546834

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