Which of the following statements about the time value of, Financial Management

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Which of the following statements about the time value of

Which of the following statements about the time value of money is correct?

A. Present value of a future lump-sum payment decreases when the discount rate decreases

B.Future value of a current payment increases when the discount rate decreases

C.Future value of a current payment increases as the investment horizon shortens

D. All else equal, the present value of a perpetuity increases when the discount rate decreases

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Financial Management: Which of the following statements about the time value of

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