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Question If the interest rate is positive, then the present value of multiple cash flows is: a-greater than the sum of the cash flows. b-equal to the sum of the cash flows. c-less than the sum of the cash flows. d-higher or lower than the sum of the cash flows depending on the interest rate.

/in /by

Question

If the interest rate is positive, then the present value of multiple cash flows is:
a-greater

than the sum of the cash flows.

b-equal to the sum of the cash flows.

c-less than the sum of the cash flows.

d-higher or lower than the sum of the cash flows depending on the interest rate.

 
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