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11. The relationship between the present value and the interest rate is best described as: _A. vertical. _B. unrelated. _C. direct. D. inverse. ___E. uncorrelated.

11. The relationship between the present value and the interest rate is best described as:

___A. vertical.

___B. unrelated.

___C. direct.

__D. inverse.

___E. uncorrelated.

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