When calculating present value, the the interest rate, the smaller the present value amount. smaller O larger

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 17Q: What is the difference between the discount rate used for net present value and the internal rate of...
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When calculating present value, the
the interest rate, the smaller the present value amount.
smaller
larger
Transcribed Image Text:When calculating present value, the the interest rate, the smaller the present value amount. smaller larger
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