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Which of the following statements is FALSE about interest rates? A) Interest rates allow us to convert cash flows at one point in time to
Which of the following statements is FALSE about interest rates?
A) Interest rates allow us to convert cash flows at one point in time to another point in time.
B) The interest rate on your loan is the price of using money or the cost of borrowing.
C) Interest rates are set by market factors such as the supply and demand for funds.
D) Interest rates do not differ depending on the risk of an investment or the investment horizon
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