Question
Which of the following statements is/are true? Note: Assume that all cash flows are positive. 1. As interest rates increase, present values decrease. 2. As
Which of the following statements is/are true? Note: Assume that all cash flows are positive.
1. As interest rates increase, present values decrease.
2. As interest rates increase, future values increase.
3. If interest rates are 0%, time value of money is irrelevant.
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Quantitative Corporate Finance
Authors: John B. Guerard Jr. Anureet Saxena, Mustafa Gultekin
2nd Edition
3030435466, 978-3030435462
