The present value of a financial asset is
A) the most someone would be willing to pay upon maturity of the asset.
B) the most someone would be willing to pay today for the asset.
C) equivalent to the face value of the asset.
D) the amount someone would pay in the future to have the asset today.
E) the amount someone would pay in the future for the current stream of payments from the asset.
Correct Answer:
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