Question: Question content area top Part 1 ( The five basic principles of finance ) There are four basic principles of finance. Which principle correctly describes

Question content area top
Part 1
(The five basic principles of finance) There are four basic principles of finance. Which principle correctly describes the following statement: "A dollar today is worth more than a dollar received in the future. Conversely, a dollar received in the future is worth less than a dollar received today"?(Select the best choice below.)
Question content area bottom
Part 1
A.
Principle1: Money has a time value.
B.
Principle2: There is a risk-return tradeoff.
C.
Principle3: Cash flows are the source of value.
D.
Principle4: Market prices reflect information.
E.
Principle5: Individuals Respond to Incentives.

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