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Consider a cash frow of $10,000 in five years at a 4% discount rate. If the futurity is pushed out to six years, keeping the

  1. Consider a cash frow of $10,000 in five years at a 4% discount rate. If the futurity is pushed out to six years, keeping the same discount rate, its price:
    1. decreases
    2. increases
    3. remains the same

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