Question: Thinking about a single lump sum future cash flow, holding time period ( t ) constant, as the rate of return increases, the present value
Thinking about a single lump sum future cash flow, holding time period t constant, as the rate of return increases, the present value interest factor:
Question options:
A
Increases
B
Decreases
C
Remains unchanged
D
May increase, decrease, or remain unchanged depending on the amount of the cash flow
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