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Potvin Potvin
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Posts: 1260
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7 years ago
Most people prefer to receive money today rather than ten years from now because
A) U.S. prices have been falling recently and a dollar received today will buy more than one received in the future.   
B) Future investment returns are expected to be less variable than current ones.
C) Receiving cash today enables one to take advantage of current investment opportunities.   
D) People are unsure about their future employment prospects and wish to provide themselves with a source of future income.   
E) Most people are afraid they will spend future cash payments foolishly.
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
Read 174 times
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BlimpBlimp
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Posts: 499
7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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7 years ago
I'm impressed by the service offered here
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