Which of the Following Statements Is INCORRECT

question 6

Multiple Choice

Which of the following statements is INCORRECT?

• A)In general,money today is worth more than money in one year.
• B)We define the risk-free interest rate,rf,for a given period as the interest rate at which money can be borrowed or lent without risk over that period.
• C)We refer to (1 - rf)as the interest rate factor for risk-free cash flows.
• D)For most financial decisions,costs and benefits occur at different points in time.

---

Definitions:

Media

Various means of communication, such as television, radio, newspapers, and the internet, that reach or influence people widely.

Profitable Export

A term which refers to goods or services that are exported from one country to another generating a positive financial return or profit.

Democratize The Internet

The process of making internet access and digital resources available and accessible to all people, ensuring equal opportunities for participation.

Spontaneous Activities

Unplanned actions or events that arise naturally or suddenly, without external coercion or predetermined structure.