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Suppose you will receive a payment of $500 one year from now. True or False: If during the year the interest rate rises, this increases the present value of your future payment.…

Suppose you will receive a payment of $500 one year from now. True or False: If during the year the interest rate rises, this increases the present value of your future payment.…
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Suppose you will receive a payment of $500 one year from now. True or False: If during the year the interest rate rises, this increases the present value of your future payment. True False

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User Romacafe
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1 Answer

3 votes

Answer:TRUE

Step-by-step explanation:

answered
User Jonas Wouters
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