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Fundamentals of Financial Management Concise
Quiz 5: Time Value of Money
All Other Things Held Constant,the Present Value of a Given
Question 23
True False
All other things held constant,the present value of a given annual annuity decreases as the number of periods per year increases.
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Q 24
All other things held constant,the present value of a given annual annuity increases as the number of periods per year increases.
Q 25
If we are given a periodic interest rate,say a monthly rate,we can find the nominal annual rate by multiplying the periodic rate by the number of periods per year.
Q 26
If we are given a periodic interest rate,say a monthly rate,we can find the nominal annual rate by dividing the periodic rate by the number of periods per year.
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