Explain why the time value of money is important

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Reference no: EM132644793

Question 1: The time value of money is important ...

A. In any decision a financial manager makes

B. For individuals in optimising their portfolios

C. To set the rate of inflation every year

D. All of the above

E. A and B

Question 2: The cost of money is called ...

A. Profit

B. Rate of exchange

C. Interest

D. All of the above

E. A and B

Reference no: EM132644793

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