Business
Business, 01.07.2020 16:01, skye2598

You expect to receive a payment of $600 one year from now. Answer the following questions and show your calculations: A. The discount rate is 6%. What is the present value of the payment to be received?
B. Suppose that the discount rate rises to 7%. What is the present value of the payment to be received?C. What will cause the present value of a future payment to decline?

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