Question
What happens to the present value factor as our discount rate or interest rate increases for a given time period?
What happens to the present value factor as our discount rate or interest rate increases for a given time period?
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Interest or discount rate increase decrease in present value fac...
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
