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What the main concept of time value of money is

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Reference no: EM132547754

Question 1: The main concept of time value of money is:

Select one:

Option a. that cash payments made in the future have the same value today.

Option b. that cash flows received in the distant future are not as valuable as cash flows received in the near future.

Option c. that cash flows received in different years should be treated as equal.

Option d. the recognition of all relevant costs in absolute dollars.

Reference no: EM132547754

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