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Which of the following statements is true? The present value of a future sum decreases as either the discount rate or the number of discounting

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Which of the following statements is true? The present value of a future sum decreases as either the discount rate or the number of discounting periods per year increases. If the present value of a sum is equal to its future value, the interest rate must be zero. If the discount (or interest) rate is positive, the future value of an expected series of payments will always exceed the present value of the same series. All the above statements are true

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