Question: 1) Why does money have a time value? Does inflation have anything to do with making a ringgit today worth more than a ringgit tomorrow?

1) Why does money have a time value? Does inflation have anything to do with making a ringgit today worth more than a ringgit tomorrow?

2) Discuss the present value of an annuity due with an example.

3) Elaborate the FOUR (4) assumptions of CAPM model in measuring risk and return.

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