15. Which of the following statements is TRUE regarding the concept of the time

Question

15. Which of the following statements is TRUE regarding the concept of the time value of money? A. A dollar paid today is worth the same as a dollar paid in the future. B. A dollar received today is worth the same as a dollar received in the future. C. A dollar received today is worth more than a dollar received in the future. D. A dollar received today is worth less than a dollar received in the future. 16. If a proposed investment's net present value (NPV) is positive, then A. The investment provides a returm greater than the hurdle rate. B. The investment provides a retum less than the hurdle rate. C. The present value of the cash outflows must have been greater than the present value of the cash inflows. D. The investment should be rejected as unacceptable.

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer and please give thumbs up   Statementshowing Computations Paticulars Q13 C Internal rate of return Q14 A Net present value is positive since Profitability index greater than 1 means positive NPV Q15 C A dollar received today is worth more than the dollar received in future Q16 A The investment provides a return greater than the hurdle rate

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