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Which of the following is True regarding the Present Value of a future cash flow? The further out a cash flow is into the future,

Which of the following is True regarding the Present Value of a future cash flow? The further out a cash flow is into the future, the lower its Present Value. 1. The lower the interest rate, the lower the Present Value. Multiple Choice Only II is True Both I and II are True Only 1 is True Neither are True

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