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Which of the following statements is incorrect? A) Money's value is based only on the size of cash flows and the interest rate. B) Compound

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Which of the following statements is incorrect? A) Money's value is based only on the size of cash flows and the interest rate. B) Compound interest is where interest is paid on the interest from previous periods. OC) Before cash flows can be compared or added, they must be converted to an equivalent value at a specific period of time. D) When cash flows are equivalent at a specified point in time, they are equivalent at all points in time at that interest rate

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