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1)The concept of the time value of money generally implies that: a dollar today is worth less than a dollar tomorrow you should spend all
1)The concept of the time value of money generally implies that:
a dollar today is worth less than a dollar tomorrow
you should spend all your money today and not save for the future
profit, not cash flow, is important in valuation
a dollar today is worth more than a dollar in the future
none of the above are correct
2) Which of the following are among the three main areas of finance?
financial institutions
investments
financial management
all of the above are correct
none of the above are correct
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