An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute Infinite series .
What is meant by Perpetuity ?
A security that pays for an endless period of time is known as a perpetuity. A perpetual sequence of similar cash flows is referred to as perpetuity in the finance industry.
Several financial models, including the dividend discount model, also make use of the idea of perpetuity (DDM).
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