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Which of the following statement are Fase? Assume a positive interest rate L All else equal, the farther out a cash flow is the lower
Which of the following statement are Fase? Assume a positive interest rate L All else equal, the farther out a cash flow is the lower its present value 11 All else equal, for cash flows received at the same time in the future, the lower the discount rate, the higher the present value Multiple Choice Only is False Only Il is False Both are True Both are False
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