Which one of the following statements is NOT true?
A) The time value money refers to what the value of the stream of future cash flows today is.
B) A dollar received today is worth more than a dollar received tomorrow.
C) A dollar received tomorrow is worth less than a dollar received today.
D) A dollar received today is worth less than a dollar received tomorrow.
Answer: D
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FIN202 Chapter 5
- Which of the following statements is false with respect to the present value of a future amount?
- Which of the following statements is true?
- Which of the following statements is true?
- Your aunt is looking to invest a certain amount today. Which of the following choices should she opt for?
- Using lower interest rates will
- Using lower discount rates will
- Using higher interest rates will
- Using higher discount rates will
- The Rule of 72
- Which one of the following statements is NOT true?
- Which one of the following statements is NOT true?
- The process of converting future cash flows to what its present value is
- The process of converting an amount given at the present time into a future value is called
- Which one of the following statements is true?
- Future value measures
- Which one of the following statements is NOT true?
- The time value of money refers to the issue of
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.