The concept of time value of money is important to, Ask an Expert

Finance

The concept of time value of money is important to financial decision making because;

a) it emphasizes earning a return on investment capital

b) it recognizes that earning a return makes the $1 worth more today than $1 recieved in the future

c) It can be applied in order to compare different streams of income

d) all of the above

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92167148

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