Which of the following are characteristics of a perpetuity? Check all that apply. O In a perpetuity, returns-in the form of a series of identical cash flows-are earned. O A perpetuity continues for a fixed time period. O The present value of a perpetuity is calculated by dividing the amount of the payment by the investor's opportunity interest rate. O A perpetuity is a series of regularly timed, equal cash flows that is assumed to continue indefinitely into the future.

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