other things held constant, the present value of a given annual annuity decreases as the number of periods per year increases.

Name: other things held constant, the present value of a given annual annuity decreases as the number of periods per year increases.
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Quizplus · Accepted Answer

This is because as the number of periods per year increases, the discount rate used to calculate the present value also increases, leading to a lower present value for the annuity.

Other Things Held Constant, the Present Value of a Given