You Are Scheduled to Receive $10,000 in One Year

question 39

Multiple Choice

You are scheduled to receive $10,000 in one year.An increase in the interest rate will have what effect on the present value of this cash flow?

• A)It will cause the present value to fall.
• B)It will cause the present value to rise.
• C)It will have no effect on the present value.
• D)The effect cannot be determined with the information provided.

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Definitions:

False Imprisonment

The unlawful confinement of a person without consent or legal justification, restricting their freedom of movement.

Reasonable and Probable Grounds

The legal standard used to establish the justification needed for an action, such as an arrest or search, indicating that a reasonable person would also believe the action is justified based on the evidence.

Light Bulb

A device that produces light from electricity, typically consisting of a filament wire that is heated until it glows.

Trespass

The act of entering or remaining on someone else's property without permission, which can be a civil wrong or criminal offense.