Question
For a positive interest rate, positive periods and positive cash flow: a) Future Value will always exceed present value for a given lump sum b)
For a positive interest rate, positive periods and positive cash flow:
a) Future Value will always exceed present value for a given lump sum
b) Future and present values will be the same for a given lump sum
c) Present value will always exceed future value for a given lump sum
d) It depends on the number of periods
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The Handbook Of Equity Derivatives
Authors: Jack Clark Francis, William W. Toy, J. Gregg Whittaker
1st Edition
0471326038, 978-0471326038
