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The concept of time value of money is important to financial decision making bec...

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The concept of time value

of money is important to financial decision making because

all of these

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it can be applied to future

cash flows in order to compare different streams of income.

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it emphasizes earning a

return on invested capital.

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it recognizes that earning

a return makes $1 worth more today than $1 received in the future.

0%

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