General Studies · Time Value of Money
You are due to receive ₹ 20,000 in 2 years. If interest rates suddenly decrease, the present value of that future cash flow will:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Become zero
- 2Rise✓
- 3Remain unchanged
- 4Fall
Correct answer
Rise
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