Question
Given a set future value, which of the following will contribute to a lower present value? A. Lowerbdiscount factor B. Less frewuentvriscounting C. Higher discount
Given a set future value, which of the following will contribute to a lower present value?
A. Lowerbdiscount factor
B. Less frewuentvriscounting
C. Higher discount rate
D. Fewer time periods
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Cornerstones of Managerial Accounting
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