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Which of the following will decrease the present value of the following cash flow stream? Year Cash Flow $1,000 2 4,000 9,000 4 5,000 5
Which of the following will decrease the present value of the following cash flow stream? Year Cash Flow $1,000 2 4,000 9,000 4 5,000 5 2,000 I. Increase the discount rate by 2%. 11. Decrease the discount rate by 2%. IlI. Switch cash flows 1 and 4 IV. Switch cash flows 3 and 5. Select one: a. Il and Ill only. b. I and IlIl only. c. I only. O d. Il and IV only. e. I and IV only. f. Il only
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