Which of the following cash flows has the highest present value for all rates of interest greater than 0%:
A. $100 per month for a year
B. $1200 immediate payment
C. $50 every two weeks for a year
D. They all have the same present value.
Answer:C
Which of the following cash flows has the highest present value for all rates of interest greater than 0%:
A. $100 per month for a year B. $1200 immediate payment C. $50 every two weeks for a year D. They all have the same present value.