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Which of the following statement is incorrect? A) Cash flows must be converting to an equivalent value at a specific period of time before they

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Which of the following statement is incorrect? A) Cash flows must be converting to an equivalent value at a specific period of time before they can be compared or added. B) Equivalence is a function of cash flows size, timing, and interest rate. C) Cash flows that are equivalent at a specified point in time may not be equivalent at all points in time at that interest rate. D) Equivalent cash flows produce the same result over a specific period of time

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