Which of the following investment offers cash flows that


1. Which of the following investment offers cash flows that are similar to perpetuities?

Commercial Papers

Preferred Stock

Common Stocks

20-year Treasury Bonds

2. Payments of $500 a month for 72 months are defined as a(n):

consol.

annuity.

perpetuity.

ordinary cash flow.

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Financial Management: Which of the following investment offers cash flows that
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