Question: A dollar received in the future is less valuable than a dollar received today because * ga dollar in hand today can be immediately invested

A dollar received in the future is less valuable than a dollar received today because* ga dollar in hand today can be immediately invested and earn interest.* hinflation may reduce the value of the dollar received in the future.* iif the dollar is to be received in the future, there exists some possibility that it will not in fact be received.* jall of the above.* knone of the above.

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