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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
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.
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The Structured Credit Handbook
Authors: Arvind Rajan, Glen McDermott, Ratul Roy
1st Edition
0471747491, 978-0471747499
