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Given a set of annual cash flows, if the interest rate used to present value the cash flows increases from 6% to 8%, the present
Given a set of annual cash flows, if the interest rate used to present value the cash flows increases from 6% to 8%, the present value of the cash flows will
decrease.
A. Decrease
B. Increase
C. Stay the same
D. Impossible to determine without more information
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