Question: Money has time value because? a. Individuals prefer future consumption to present consumption b. Money today is worth more than money tomorrow in terms of

 Money has time value because? a. Individuals prefer future consumption to

Money has time value because? a. Individuals prefer future consumption to present consumption b. Money today is worth more than money tomorrow in terms of purchasing power c. There is a possibility of earning risk free return on money invested today d. B and C above

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