Question: Which one has the higher time value, $10,000 right now or $10,500 one year after? a. $10,000 now. b. $10,500 one year after. c. The
Which one has the higher time value, $10,000 right now or $10,500 one year after?
a. $10,000 now.
b. $10,500 one year after.
c. The answer depends on the interest rate during the period.
d. Either alternative is equally valuable.
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