If an Investor Is Indifferent Between $1

question 178

Multiple Choice

If an investor is indifferent between $1.00 today and $1.33 in three years:

• A)$1.00 must be the present value of $1.33 in three years.
• B)$1.33 must be the future value of $1.00 today.
• C)the relevant interest rate is positive.
• D)a and b.
• E)All of the above