Question: Use the figure for the question(s) below. Date 2 $0 $5000 $5000 Cash flow Which of the following statements regarding the timeline is FALSE? Date

Use the figure for the question(s) below. Date 2 $0 $5000

Use the figure for the question(s) below. Date 2 $0 $5000 $5000 Cash flow Which of the following statements regarding the timeline is FALSE? Date 1 is one year from now. The $5000 below date 2 is the payment you will receive at the beginning of the second year. Date 0 represents today. The $5000 below date 1 is the payment you will receive at the end of the first year

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