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Would you rather receive a dollar today or a dollar in the future? Why? What is meant by the time value of money? What is

  1. Would you rather receive a dollar today or a dollar in the future? Why?
  2. What is meant by "the time value of money"?
  3. What is the difference between screening and preference decisions?
  4. Which budgeting method requires the user to impute the appropriate rate of interest?
  5. Which method does not consider the time value of money?
  6. Which method offsets the present value of cash inflows against the present value of cash outflows?
  7. Which budgeting method do you prefer and why

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