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    Question

    In relation to the Time Value of Money, the value of

    money received today is more than the value of money received after some time in the future due to which of the following reasons? (i) Inflation (ii) Investment Opportunities (iii) Personal Consumption Preference
    A Only (i) and (ii) Correct Answer Incorrect Answer
    B (i), (ii) and (iii) Correct Answer Incorrect Answer
    C Only (i) and (iii) Correct Answer Incorrect Answer
    D Only (ii) and (iii) Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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