Economics · Financial Management & Time Value of Money
The concept of time preference for money suggests that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investors prefer delayed consumption under all circumstances
- 2Inflation does not affect the value of money
- 3Future cash flows should always be valued at nominal amounts
- 4A rupee available today is worth more than a rupee available in the future✓
Correct answer
A rupee available today is worth more than a rupee available in the future
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