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1. If the discount rate is positive, the present value of multiple cash flows is:

A. greater than the sum of the cash flows.

B. equal to the sum of all the cash flows.

C. less than the sum of the cash flows.

D. to infinity and beyond.

2. If the interest rate is positive, the future value of a perpetuity is:

A. less

B. equal to one million.

C. less than the sum of the cash flows.

D. infinity.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92061072

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