Which one of the following statements is NOT true? a. The further in the future you receive
Question:
Which one of the following statements is NOT true?
a. The further in the future you receive a dollar, the more it is worth today.
b. The value of a dollar invested at a positive interest rate grows over time.
c. The further in the future you receive a dollar, the less it is worth today.
d. A dollar in hand today is worth more than a dollar to be received in the future.
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Related Book For
Stock Markets And Corporate Finance A Primer
ISBN: 9781800611474,9781800611498
1st Edition
Authors: Michael Dempsey
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