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In general, at any positive discount rate, as time increases, Present Value - A. Increases First B. increases, then decreases C. Decreases D. Time has
In general, at any positive discount rate, as time increases, Present Value -
A. Increases First
B. increases, then decreases
C. Decreases
D. Time has no effect on Present Value
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Finance At The Threshold
Authors: Christopher Houghton Budd
1st Edition
0566092115, 978-0566092114
