How does the present value of a future payment change as the time to receipt is lengthened?

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How does the present value of a future payment change as the time to receipt is lengthened? As the interest rate increases?

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Fundamentals Of Financial Management Concise Edition

ISBN: 9781285065137

8th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Jul 18, 2024 07:04 AM

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How does the present value of a future payment change as the time to receipt is lengthened?

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Fundamentals Of Financial Management Concise Edition

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