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Which of the following statement is most likely to be true?i) For a given interest...

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Finance

Which of the following statement is most likely to be true?i) For a given interest rate, the longer the time period, the lower the present value; ii) For a given time period, the higher the interest rate, the smaller the present value.Select one: a. Both of them are true O b. Both of them are false c. i) is true and ii) is false d. i) is false and ii) is true

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