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Question 53 Which of the following statements is FALSE? A. A dollar received one year from now will be worth more than a dollar received

Question 53

Which of the following statements is FALSE?

A. A dollar received one year from now will be worth more than a dollar received today.

B. A dollar received one year from now will be worth more than a dollar received two years from now.

C. Compounding essentially means earning interest on interest on an initial balance.

D. Perpetuities pay an equal payment forever.

BAM313 - INTRODUCTION TO FINANCIAL MANAGEMENT

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