n NISM Certifications
XVII NISM Series XVII
Medium

Based on the time value of money, which option is best for an investor?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Receive money after one year if the amount is lower

  2. B

    Receive money today if the amount is the same

  3. Receive money today if the amount is higher

    Correct answer

  4. D

    Receive money after one year if the amount is the same

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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