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Considering the Value of a Financial Instrument, the More Likely

Question 45

Multiple Choice

Considering the value of a financial instrument, the more likely it is the payment will be made:


A) the more valuable the financial instrument.
B) the less valuable is the instrument because risk is lower.
C) the less valuable is the financial instrument because it is highly liquid.
D) the greater the uncertainty; therefore the less valuable is the financial instrument.

Correct Answer:

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