The present value of a dollar available in a future period increases as the discount rate increases.

Answer the following statement true (T) or false (F)


False

Present value decreases as the discount rate increases.

Business

You might also like to view...

Marco is working on promoting his company's Glazer brand of electronic razors. Market research suggests that the target audience possesses an intent to use Glazers, but is dithering over actually making the purchase

How can he modify the communications program to get customers to purchase Glazer razors?

Business

For which of the following errors should the appropriate amount be added to the balance per bank on a bank reconciliation?

a. A returned $300 check recorded by bank as $200 b. Check for $52 recorded as $25 c. Deposit of $400 recorded by bank as $100 d. Check for $37 recorded as $73

Business

Which of the following statements is true of mitigation of damages?

A) The breaching party must make efforts to mitigate damages resulting from the breach of contract. B) If an employer breaches an employment contract, he or she owes a duty to mitigate damages by trying to find substitute employment for the employee. C) The extent of mitigation of damages required is common to all kinds of contracts. D) If an employer breaches a contract, the employee is only required to accept comparable employment.

Business

In Hurwicz criterion, the coefficient ? is often called the ______.

A. coefficient of realism B. coefficient of pessimism C. coefficient of payoff D. coefficient of regret

Business