A finite stream of regular cash flows over a given period is known as a/an:
A) perpetuity.
B) annuity.
C) debenture.
D) allowance.

Question

Quizplus · Accepted Answer

A finite stream of regular cash flows over a given period is known as an annuity. A perpetuity refers to a stream of cash flows that continues indefinitely, while a debenture is a type of long-term debt instrument issued by companies or governments. An allowance is a regularly paid amount of money given to an individual to meet specific needs or expenses.

A Finite Stream of Regular Cash Flows Over a Given