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BAFI1026 Tutorial 1-1.docx - Tutorial 1 – Time Value of...

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Tutorial 1 – Time Value of Money -1.Which one of the following statements is NOT true?a.The further in the future you receive a dollar, the more it is worth today.b.The value of a dollar invested at a positive interest rate grows over time.c.The further in the future you receive a dollar, the less it is worth today.d.A dollar in hand today is worth more than a dollar to be received in the future.
2.Using higher interest rates will:
3.A perpetuity is defined as:

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