Question: Which one has the higher time value, $ 1 0 , 0 0 0 right now or $ 2 0 , 0 0 0 one
Which one has the higher time value, $ right now or $ one year after?
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a
$ now.
b
$ one year after.
c
The answer depends on the interest rate during the period.
d
Either alternative is equally valuable.
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