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Suppose you were at a lunch with colleagues and you heard your boss state: The concept of the the time value of money in finance

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Suppose you were at a lunch with colleagues and you heard your boss state: "The concept of the the time value of money in finance has been proven useless. For example, during the financial crisis and its aftermath, interest rates were often times negative in many developed economies. The entire concept of the time value of money in non-sensical in a negative interest rate environment." List whether your boss's claim is TRUE or FALSE and briefly explain your reasoning

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