BUSINESS FINANCE I Dersi Time Value of Money soru detayı:
SORU:
What does perpetuity refer to?
CEVAP:
A perpetuity is an annuity with an infinite life. Perpetuities are also commonly referred to as “consols” due to the fact that they were used by the British Government to consolidate debts(DMO 2014) from the previous years issued to finance military campaigns