Question: 3. Present values decline as the time to the cash flows increases. True False - 4. The present value of an annuity due equals

3. Present values decline as the time to the cash flows increases. True False - 4. The present value of an annuity due equals the present value of an ordinary annuity times the discount rate. True False
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3 True This is because since we take the present value as the curre... View full answer
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