A perpetuity differs from an annuity because: Multiple Choice perpetuity cash flows vary with the rate of inflation. perpetuity cash flows vary with the market rate of interest. perpetuity cash flows are variable while annuity payments are constant. annuity cash flows occur at irregular intervals of time.
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Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80
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A perpetuity differs from an annuity because: Multiple Choice perpetuity cash flows vary with the ra...
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