Finance Management 3101: True or False question ..............................

True or False Question 1. In the statement, "A lump sum can be a onetime earlier or onetime later cash flow,", change "or" to "but not a" would result in the statement being True. 2. In the statement, "PVs are later values and FVs are earlier values.", switching both "PVs" and "FVs" and "later" and "earlier" would result in the statement being True. 3. In the statement, "PVs are rightward on a time line and FVs are leftward on the time line.", switching "rightward" and "leftward" would result in the statement being True. 4. In the statement, "PVs represent the amount that an earlier amount will grow into.", changing "PVs" to "FVs" would result in the statement being True. 5. In the statement, "FVs represent what you need to invest earlier to have it grow into a specified later amount.", changing "earlier" to "later" would result in the statement being True 6. In the statement, "Discounting is the process used to find a FV.", changing "Discounting" to "Compounding" and "FV" to "PV" would result in the statement being True. 7. In the statement, "What is \"discounted\" from the PV is the interest part to arrive at the FV.", switching "PV" and "FV" would result in the statement being True. 8. In the statement, "With compound interest, interest is earned every period only on the original starting amount.", changing "only on the original" to "on that period's" would result in the statement being True. 9. In the statement, "Ceteris paribus, as a depositor and for the same annual interest rate, you would prefer simple interest to compound interest.", changing "depositor" to "debtor" would result in the statement being True. 10. In the statement, "There are a total of 3 variables in the basic TVM formulas.", changing "3" to "5" would result in the statement being True. 11. In the statement, "The righthand side variables in the FV formula represent the 3 key factors determining stock prices.", changing "FV" to "discount rate" would result in the statement being True. 12. In the statement, "Ceteris paribus, the FV and the discount rate are inversely related.", changing "discount rate" to "number of periods" would result in the statement being True. 13. In the statement, "The number of years it would take an investment to double is approximately equal to the annual interest rate times 72.", changing "times" to "divided by" would result in the statement being True