If you expect to receive $1000 a year for each of the next 10 years, the present discounted value of the payment stream

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    increases as the interest rate increases.
     decreases as the interest rate increases.
     does not vary with the interest rate with the $1,000 future payments are fixed.
     decreases as the interest rate decreases.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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decreases as the interest rate increases.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

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