Present value increases when the discount rate decreases (all else equal). True False Question 15 (1 point) Managers (e.g. CEOs, CFOs) can own shares in the companies that they work for. True False Question 16 (2 points) You are thinking of building a new machine that will save you $3000 in the first year. The machine will then begin to wear out so that the savings decline at a rate of 1% per year forever. What is the present value of the savings if the interest rate is 2% per year? $100,000 $30,000 $300,000