What happens to the present value if the discount rate is, Financial Management

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What happens to the present value if the discount rate is

1. What do financial markets sell?

2. Write an expression for the present value of the future damage from climate change. What happens to the present value if the discount rate is higher? Does this explain why some ignore the dangers of climate change?

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Financial Management: What happens to the present value if the discount rate is

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Financial Management: What happens to the present value if the discount rate is

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