Question
Which of the following statements is FALSE? a. Time lines put verbal information into a diagram that is useful for seeing the cash flows that
Which of the following statements is FALSE? a. Time lines put verbal information into a diagram that is useful for seeing the cash flows that occur, when they occur, and the interest rate used in the analysis. b. The FV as shown on a time line is always the cash flow at Time = 1. c. Time lines can show cash flows that occur over years, quarters, or any other periods. d. Time lines typically show dollars below the line and years above the line. e. Cash flows do not have to occur for every period shown on the time line. A lump sum cash flow can be depicted as easily as annuities on a time line.
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