As the discount rate increases, the present value of a given future cash flow also increases. Do you agree? Explain.

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter6: Managing Cash Flow
Section6.6: Conversion Period Ratios
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As the discount rate increases, the present value of a given future cash flow also increases. Do you agree? Explain.

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