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Which of the following statements is NOT correct? A. Other things being equal, a higher interest rate leads to a higher future value. B. Other
Which of the following statements is NOT correct? A. Other things being equal, a higher interest rate leads to a higher future value. B. Other things being equal, a higher interest rate for an amortised loan implies a higher regular repayment amount. C. Other things being equal, a lower interest rate causes a lower present value. D. Other things being equal, a lower interest rate is preferred for borrowing.
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