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  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 10: Reporting and Analyzing Long-Term Liabilities
  5. Question
    A Basic Present Value Concept Is That Cash in the Future
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A Basic Present Value Concept Is That Cash in the Future

Question 8

Question 8

True/False

A basic present value concept is that cash in the future is worth less than the same amount of cash today.

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