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Which of the Following Statements Is FALSE

Question 60

Multiple Choice

Which of the following statements is FALSE?


A) The process of moving a value or cash flow backward in time is known as discounting.
B) FV = Which of the following statements is FALSE? A) The process of moving a value or cash flow backward in time is known as discounting. B) FV = C) The process of moving a value or cash flow forward in time is known as compounding. D) The value of a cash flow that is moved forward in time is known as its future value.
C) The process of moving a value or cash flow forward in time is known as compounding.
D) The value of a cash flow that is moved forward in time is known as its future value.

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