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Which one of the following statements is correct, assuming all else is constant?A . The present value increases as the discount rate decreases.B . The
Which one of the following statements is correct, assuming all else is constant?A The present value increases as the discount rate decreases.B The discount rate increases as the present value increases.C The future value decreases as the present value increases.D The present value increases as the time period increasesE. The future value increases as the interest rate decreases.
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