• The correct answer cannot be determined without more information
--On Mon, Apr 18, 2011 at 1:45 PM, Maha Saleem <mc100403915@vu.edu.pk> wrote:
Kindly confirm ans:
In 2 years you are to receive $10,000. If the interest rate were to suddenly decrease, the present value of that future
amount to you would
• Fall
• Rise
• remain unchanged
• The correct answer cannot be determined without more information
--
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--
For study materials, past papers and assignments,
Join VU School at www.VusCool.com
and www.VUGuys.com
CoooL Virtual University Students Google Group.
To post to this group, send email to coool_vu_students@googlegroups.com
For more options, visit this group at
http://groups.google.com/group/coool_vu_students?hl=en
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