The higher the discount rates, a. The more value individuals place on future dollars. b. The more

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The higher the discount rates,

a. The more value individuals place on future dollars.

b. The more value individuals place on current dollars.

c. The more investments will take place.

d. Does not affect the investment strategy

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Managerial Economics

ISBN: 9781337106665

5th Edition

Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward

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