TRUE OR FALSE 1. Perpetuity is derived from the fact that the number of compounding periods approaches to infinity while the nominal interest rate approaches to 0. This then lumps the expression into...

TRUE OR FALSE

1. Perpetuity is derived from the fact that the number of compounding periods approaches to infinity while the nominal interest rate approaches to 0. This then lumps the expression into e.

2. The breakeven point always maximizes the profit.