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valputin valputin
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8 years ago
The present value of an expected future payment ________ as the interest rate increases.
A) falls
B) is constant
C) rises
D) is unaffected
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
You're very welcome, valputin
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