The Present Value of a Future Sum Decreases as Either

question 57

True/False

The present value of a future sum decreases as either the discount rate or the number of periods per year increases, other things held constant.

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Definitions:

Virtual Organization

An organization that operates primarily through digital and telecommunication networks rather than in a physical location.

Strategic Alliances

Business agreements between two or more companies to work together toward achieving mutually beneficial strategic goals.

IT and Internet

The study and application of systems for storing, retrieving, and sending information through computers and telecommunication devices.

Bureaucracy

A system of government or business that is characterized by fixed rules, a hierarchy of authority, and a complex structure of administration and control.