Considering the value of a financial instrument the sooner, Ask an Expert

Economics

Considering the value of a financial instrument, the sooner the promised payment is made:

A. The less valuable is the promise to make it since time is valuable

B. The greater the risk, therefore the promise has greater value

C. The more valuable is the promise to make it

D. The less relevant is the likelihood that the payment will be made

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92201647

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