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Which one of the following will increase the present value of an annuity? lowering the discount rate reducing the cash flow amount decreasing the number
Which one of the following will increase the present value of an annuity?
- lowering the discount rate
- reducing the cash flow amount
- decreasing the number of payments
- reducing the future value of the cash flow lowering the payment amount
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
