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Question 1 10 pts Assume you first compute the present value of $1 million using discount rate'1, and then for comparison purposes calculate it again
Question 1 10 pts Assume you first compute the present value of $1 million using discount rate'1, and then for comparison purposes calculate it again using a different discount rate '2. Which of the following statements would NOT be valid regarding these two calculations? If either discount rate is negative, the present value calculation using such discount rate would yield a value greater than $1 million If discount rate "1 is greater than discount rate calculated using"2 the present value calculated using' will be lower than the present value If the discount ratei is greater than zero but lower than 1%, the present value calculated using this discount rate will be greater than $1 million If the discount rate'i is equal to zero, the present value calculated using this discount rate will be equal to $1 million
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