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    Foundations of Financial Management Study Set 4
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    Exam 9: The Time Value of Money
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    If an Individual's Cost of Capital Were 6%, the Person
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If an Individual's Cost of Capital Were 6%, the Person

Question 71

Question 71

True/False

If an individual's cost of capital were 6%, the person would prefer to receive $110 at the end of one year rather than $100 right now.

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