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Describe the concept of the Time Value of Money. Which of the following statements best expresses this concept? A dollar is always worth a dollar

Describe the concept of the Time Value of Money. Which of the following statements best expresses this concept?
1. A dollar is always worth a dollar
2. A dollar today is worth more than a dollar tomorrow
3. Hang on to your dollars
4. Neither a borrower nor a lender be

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