Question
The present value of a cash flow, which is expected at some point in the future, increases a. the higher the discount rate and the
The present value of a cash flow, which is expected at some point in the future, increases
a.
the higher the discount rate and the more frequent the compounding
b.
the higher the discount rate and the less frequent the compounding
c.
the lower the discount rate and the more frequent the compounding
d.
the lower the discount rate and the less frequent the compounding
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
