Which of the following statements regarding perpetuities is FALSE?
A) To find the value of a perpetuity by discounting one cash flow at a time would take forever.
B) A perpetuity is a stream of equal cash flows that occurs at regular intervals and lasts forever.
C) PV of a perpetuity = 
D) One example of a perpetuity is the British government bond called a consol.
Correct Answer:
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