Using a higher rate of discount a. Makes no difference when calculating the present value of future

Question:

Using a higher rate of discount

a. Makes no difference when calculating the present value of future liabilities.

b. Raises the present value of future liabilities.

c. Lowers the present value of future liabilities.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: