Everything else equal, which of the following would decrease the present value (PV) of a...
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Finance
Everything else equal, which of the following would decrease the present value (PV) of a lump-sum amount to be received at some future date?
a. The opportunity cost rate for everyone decreases.
b. The date on which the future amount will be paid is moved up one year (i.e, the lump-sum amount is paid one year earlier).
c. The amount to be received in the future is increased.
d. The compound of interest is charged from annually to monthly.
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