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  3. Study Set
    CFIN4
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    Exam 5: The Cost of Money Interest Rates
  5. Question
    Investors with a Higher Time Preference for Consumption Will Demand
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Investors with a Higher Time Preference for Consumption Will Demand

Question 1

Question 1

True/False

Investors with a higher time preference for consumption will demand a lower rate of return to forego current consumption and save than investors with a lower time preference for consumption.

Correct Answer:

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