Question: 9 Thinking about a single lump sum future cash flow, holding interest rate constant, as the length of time until receipt of the funds decreases,

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9 Thinking about a single lump sum future cash flow, holding interest

Thinking about a single lump sum future cash flow, holding interest rate constant, as the length of time until receipt of the funds decreases, the present value a interest factor: A increases B. decreases C. remains unchanged O D. may increase, decrease, or remain unchanged depending on the amount of the cash flow Reset Selection

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