In General the Present Value of $1,000 Received in the Future

question 176

Multiple Choice

In general the present value of $1,000 received in the future will

• A)be independent of the market rate of interest.
• B)be lower,the higher the market rate of interest.
• C)be lower,the lower the market rate of interest.
• D)worth the same whether received one year from today or two years from today.

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