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  3. Study Set
    Financial Management Principles and Applications Study Set 2
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    Exam 6: The Time Value of Money-Annuities and Other Topics
  5. Question
    The Present Value of an Annuity Increases as the Discount
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The Present Value of an Annuity Increases as the Discount

Question 117

Question 117

True/False

The present value of an annuity increases as the discount rate increases.

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