Multiple Choice
The first or basic principle of finance dictates that an individual will invest in a project if:
A) they are made better off in the financial market.
B) they are unable to adjust their savings and consumption in the financial market.
C) if the project is at least as desirable as what is available in the financial markets.
D) the interest rate for borrowing and lending is not equal.
Correct Answer:
Verified
Correct Answer:
Verified
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