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The Main Concept of Time Value of Money Is

Question 16

Multiple Choice

The main concept of time value of money is:


A) that cash flows received in the distant future are not as valuable as cash flows received in the near future.
B) the recognition of all relevant costs in absolute dollars.
C) that cash flows received in different years should be treated as equal.
D) that cash payments made in the future have the same value today.

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