Question 9 Alex is going to receive 520,000 nine years from now. John is going to receive 520,000 skyears from now. Which one of the following statement is correct both individuals apply a discount rate of 7 percent? The present values of Alex's and John's money are equal In future dollars, John's money is worth more than Alex's money Twenty years from now, the value of Alex's money wil equal the value of John's money In today's dollars. Alex's money is worth more than John's