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A Given Cash Flow to Be Received 10 Years in the Future

Question 34

Multiple Choice

A given cash flow to be received 10 years in the future has:


A) The same present value as an equal cash flow to be received today.
B) A smaller present value than an equal cash flow to be received today.
C) A larger present value than an equal cash flow to be received today.
D) No present value.

Correct Answer:

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