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Which of the following is a characteristic of time value? A) Time recognizes the opportunity cost of investing in alternatives. B) Time value compensates for
Which of the following is a characteristic of time value?
A)
Time recognizes the opportunity cost of investing in alternatives.
B)
Time value compensates for postponing consumption.
C)
Compensates for returns arriving at some point in the future.
D)
All of the aboveall statements are true
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