Which will increase the present value today of the cash flow

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Question 1: Assume that you are to get $5,000 five years from today (t=5) earning an interest rate of 4% p.a. Which of the following will INCREASE the present value today of this cash flow?

Option 1: You get $4,000 six years from today (t=6) instead of the $5,000 five years from today (t=5).
Option 2: You get $4,000 instead of the $5,000.
Option 3: You get the cash flow 10 years from today (t=10) instead of five years from today (t=5).
Option 4: The interest rate changes to 3% p.a. instead of 4% p.a.

Reference no: EM132856663

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