Question: 1. 2. All else equal, holding the interest ready steady, the further out a cash flow is, the ________ it's present value. Multiple Choice higher
1.
2. All else equal, holding the interest ready steady, the further out a cash flow is, the ________ it's present value.
Multiple Choice
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higher
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lower
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same
3. True or false: the higher the interest rate, the higher present value will be relative to future value.
Multiple Choice
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True
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False
A Solve for the unknown interest rate in each of the following: Complete the following analysis. Do not hard code values in your calculations. All answers should be positive. Years Interest rate A A Present value 181 335 48,000 40,353 Future value 297 $ 1,080 185,382 531,618 A A
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