Multiple Choice
The net present value of $1,000 received one year from now will
A) increase with the interest rate.
B) exceed $1,000 as long as the interest rate is positive.
C) exceed the net present value of $1,000 to be received two years from now.
D) equal $1,100 if the current interest (discount) rate is 10 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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