When We Say That the Present Value of $100 Received

question 2

Multiple Choice

When we say that the present value of $100 received in one year is $97.56, we are also saying that:

• A)you prefer receiving $100 in the future to $97.56 today.
• B)you prefer receiving $100 today to $100 in one year.
• C)you are indifferent between receiving $100 in the future and $97.56 today.
• D)you are indifferent between receiving $97.56 in the future and $100 today.

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