Given the market rate of interest,the present value of $10,000 to be received after a period of 5 years
A) will be more than the present value of $10,000 to be received after a period of 4 years.
B) will be less than the present value of $10,000 to be received after a period of 6 years.
C) will be more than the present value of $10,000 to be received after a period of 6 years.
D) will be the same as the present value of $10,000 to be received after a period of 6 years.
E) will be the same as the present value of $10,000 to be received after a period of 4 years.
Correct Answer:
Verified
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