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The present value of a stream of cash flows you expect to received will always increase when: a. the interest rate is greater than zero
The present value of a stream of cash flows you expect to received will always increase when:
a. | the interest rate is greater than zero and the number of compounding periods decrease. | |
b. | the interest rate is zero and the number of compounding periods increase. | |
c. | the interest rate is greater than zero and the number of compounding periods increase. | |
d. | the interest rate is zero and the number of compounding periods decrease. |
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