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7. Assuming two investments h ea ives. a high discount rate tends to favour A) The investment with large cash flow early. B) The investment
7. Assuming two investments h ea ives. a high discount rate tends to favour A) The investment with large cash flow early. B) The investment with large cash flow late C) The investment with even cash flow D) Neither investment since they have equs 8. If the future value of annuity A is greater than the future value of annuity B. then the present value of annuity A must also be greater than the present value of annuity B. A) True B) False
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