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Explain the core principle behind the Time Value of Money (TVM) concept. Why is a dollar received today worth more than a dollar to be
Explain the core principle behind the Time Value of Money (TVM) concept. Why is a dollar received today worth more than a dollar to be received in the future? Provide a real-life scenario where understanding TVM is crucial
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
11th Global Edition
1292094184, 978-1292094182
