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The present value of a cash flow will never be less than the future dollar amount of the cash flow. True False 2) The present
- The present value of a cash flow will never be less than the future dollar amount of the cash flow.
True
False
2) The present value of an amount to be received in five years is greater than the present value of the same amount to be received in ten years.
True
False
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Modern Auditing
Authors: William C. Boynton, Walter G. Kell
6th Edition
0471596876, 9780471596875
