Time Preference Refers to the Fact That

question 21

Multiple Choice

Time preference refers to the fact that:

• A) corporations match current assets with current liabilities to minimize the chance of bankruptcy.
• B) Corporations match both current and long-term assets with current and long-term liabilities to minimize the change of bankruptcy.
• C) Investors prefer current cash flows to future cash flows.
• D) Investors seek to time cash flows to minimize tax liabilities.