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    Exam 3: Arbitrage and Financial Decision Making
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    The Value Today of Any Financial Asset Equals ________ of All
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The Value Today of Any Financial Asset Equals ________ of All

Question 64

Question 64

Multiple Choice

The value today of any financial asset equals ________ of all of its future cash flows.


A) the future value
B) the present value
C) the book value
D) the maturity value

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