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Why it's true or false

1- Starting to invest early for retirement increases the benefits of compound interest.

2- If the discount (or interest) rate is positive, the future value of an expected series of payments will always exceed the present value of the same series.

3- The market value of any real or financial asset, including stocks, bonds, or art work purchased in hope of selling it at a profit, may be estimated by determining future cash flows and then discounting them back to the present.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91619709

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