Question
The present value factor will decrease: a.The higher the future value. b.The slower the rate of growth. c.The higher the present value. d.The longer the
The present value factor will decrease:
a.The higher the future value.
b.The slower the rate of growth.
c.The higher the present value.
d.The longer the period of time.
e.The lower the interest rate.
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
