About the time value of money

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Reference no: EM131510034

Time value of money:

a)is inversely related to the opportunity cost of money.

B. decreases as the interest rate increases because it costs more to borrow.

C. is a measure of the opportunity cost of spending a dollar.

D. increases as the interest rate decreases because lower interest rates lower the cost of borrowing money.

Reference no: EM131510034

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