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What is the time value of money

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Question 1: What is the time value of money?

Option a. The monetary value of accountants' time spent on a project.

Option b. Funds received today are worth less than the same amount received in the future because of depreciation.

Option c. Funds received today are worth more than the same amount received in the future because those funds could be invested today and earn interest in the interim.

Option d. The monetary value of a project's future net cash flows at time zero

Reference no: EM132502186

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