Question: QUESTION 1 Compound interest does not reflect the effect of earning interest on interest. True False QUESTION 2 In general, a dollar to be received
QUESTION 1 Compound interest does not reflect the effect of earning interest on interest." True False QUESTION 2 In general, a dollar to be received in one year is worth more than a dollar received today, True False QUESTION 3 if the law of one price does not hold for a financial security, there exists an arbitrage opportunity. True False
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