Which of the following is a true statement?
A. The value today of a nominal payment in the future cannot be greater than the nominal payment itself.
B. The present discounted value of a future payment will be higher if the payment is received further in the future
C. The real value today of a real payment in the future cannot be greater than the real payment itself.
D. The present discounted value of a future payment will be higher if the interest rate increases,
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