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    Corporate Finance
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    Exam 4: The Time Value of Money
  5. Question
    All Else Equal, a Rand Received Sooner Is Worth More
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All Else Equal, a Rand Received Sooner Is Worth More

Question 2

Question 2

True/False

All else equal, a rand received sooner is worth more than a rand received at some later date, because the sooner the rand is received the more quickly it can be invested to earn a positive return.

Correct Answer:

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