Which of the following statements regarding growing annuities is FALSE?
A)A growing annuity is a stream of N growing cash flows,paid at regular intervals.
B)We assume that g

Question

Which of the following statements regarding growing annuities is FALSE?
A)A growing annuity is a stream of N growing cash flows,paid at regular intervals. 
B)We assume that g < r when using the growing annuity formula. 
C)PV of a growing annuity = C × 
D)A growing annuity is like a growing perpetuity that never comes to an end.

Quizplus · Accepted Answer

D)An annuity does end.

Which of the Following Statements Regarding Growing Annuities Is FALSE