Question
All else held constant, the present value of an annuity will decrease if you increase the payment amount. increase the time period. decrease the discount
All else held constant, the present value of an annuity will decrease if you
increase the payment amount.
increase the time period.
decrease the discount rate.
increase the number of recipients the annuity payment
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
