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This question examines the relationship between the interest rate and the present value. As the interest rate --- the present value ---. a) increases; can
This question examines the relationship between the interest rate and the present value.
As the interest rate --- the present value ---.
a) increases; can either decrease or increase
b) decreases; can either increase or decrease
c) increases; decreases
d) decreases; decreases
e) increases; increases
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