Question: 11. The relationship between the present value and the interest rate is best described as: ___A. vertical. ___B. unrelated. ___C. direct. __D. inverse. ___E. uncorrelated.

11. The relationship between the present value and the interest rate is best described as:

___A. vertical.

___B. unrelated.

___C. direct.

__D. inverse.

___E. uncorrelated.

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