Evaluate the following statements.True/False/It Depends? Explain your answers briefly.

A] Under perfect capital markets, investor's choice between alternative income streams depends only on their net present values.

B]Under imperfect capital markets, a person's time preference does not affect whether or not they invest in a business project

C] Consider two investors, A and B, where A is the more patient of the two (i.e., A's utility function puts greater weight on future consumption). Statement to evaluate: "If an interest rate increase makes B better off, it will necessarily also make A better off."