3. For any given interest rate, the shorter the time period before the receipt a dollar, the lower is its present value.

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3. For any given interest rate, the shorter the time period before the receipt a dollar, the lower is its present value.

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3 For Any Given Interest Rate The Shorter The Time Period Before The Receipt A Dollar The Lower Is Its Present Value 1
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3. For any given interest rate, the shorter the time period before the receipt a dollar, the lower is its present value. TRUE/False :
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