Which of the following is not a reason why a dollar today


Which of the following is NOT a reason why a dollar today is worth more than a dollar in the future?

Inflation reduces the purchasing power of future dollars.

The value of a dollar in the future will be compounded more than the value of a dollar today.

There is more uncertainty of receiving dollars further into the future.

A dollar today can be productively invested in the time before receiving a dollar in the future.

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Financial Management: Which of the following is not a reason why a dollar today
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