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    Money Banking and Financial Markets
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    Exam 4: The Meaning of Interest Rates
  5. Question
    The Present Value of an Expected Future Payment ________ as the Interest
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The Present Value of an Expected Future Payment ________ as the Interest

Question 37

Question 37

Multiple Choice

The present value of an expected future payment ________ as the interest rate increases.


A) falls
B) rises
C) is constant
D) is unaffected

Correct Answer:

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