II4. The greater the discount rate, the greater the present value of a future cash flow. True
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II–4. “The greater the discount rate, the greater the present value of a future cash flow.” True or false? Explain your answer.
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Related Book For 
Managerial Accounting Creating Value In A Dynamic Business Environment
ISBN: 9781259569562
11th Edition
Authors: Ronald W.Helton, David E. Platt
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