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The higher the interest rate and the longer the period of time: A. The higher the future value and the higher the present value. B.
The higher the interest rate and the longer the period of time: A. The higher the future value and the higher the present value. B. The lower the future value and the lower the present value. C. The higher the future value and the lower the present value. D. The lower the future value and the higher the present value. E. The less present values and future values will be considered by investors. 10. The value of any' asset equals: A. The cost of maintaining an asset over its useful life. B. The book value of the asset. C. The present value of all of its future benefits. D. The replacement cost of an asset. E. None of the above
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