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In General the Present Value of $1,000 Received in the Future

Question 176

Multiple Choice

In general the present value of $1,000 received in the future will


A) be independent of the market rate of interest.
B) be lower,the higher the market rate of interest.
C) be lower,the lower the market rate of interest.
D) worth the same whether received one year from today or two years from today.

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