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The present value of multiple cash flows is: o less than the sum of the cash flows. O higher or lower than the cash flows
The present value of multiple cash flows is: o less than the sum of the cash flows. O higher or lower than the cash flows depending on the interest rate. O equal to the sum of all the cash flows. O greater than the sum of the cash flows
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
