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Question 19 0/1.5 pts Suppose the interest rate is positive (r>0). The present value of a payment of $X received in four years will be:
Question 19 0/1.5 pts Suppose the interest rate is positive (r>0). The present value of a payment of $X received in four years will be: (Note: you do receive an amount of payment, meaning $X is a nonzero, positive number.) A. more than the present value of $X received in three years B. more than the present value of $X received in five years. C. It is impossible to answer with certainty without knowing what $X is. D. It is impossible to answer with certainty without knowing what the interest rate is
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