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Which of the following statements is true about the present value factors? The present value factor decreases as the interest rate decreases. The present value

Which of the following statements is true about the present value factors? The present value factor decreases as the interest rate decreases. The present value factor should always be greater than 1 . The present value factor is also known as the discount factor. The present value factor is the reciprocal of the present value of annuity due factor

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