Question: Question 5 (1 point) Time discounts value. True False Question 6 (1 point) The discount rate is the opportunity cost of not having liquidity. True

Question 5 (1 point)

Time discounts value.

True
False

Question 6 (1 point)

The discount rate is the opportunity cost of not having liquidity.

True
False

Question 7 (1 point)

Evaluating alternatives for financial decisions always involves speculation.

True
False

Question 8 (1 point)

Opportunity costs are foregone choices or sacrificed alternative uses of wealth.

True
False

Question 9 (1 point)

The rate at which time affects the value of money is called the discount rate.

True
False

Question 10 (1 point)

Time affects value because time affects liquidity.

True
False

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