【多选题】Which of the following statements are CORRECT based on the time value of money?
A.
In general, money today is worth more than money in one year.
B.
We define the risk-free interest rate ( rf ) for a given period as the interest rate at which money can be borrowed or lent without risk over that period.
C.
We refer to (1 - rf ) as the interest rate factor for risk-free cash flows.
D.
For most financial decisions, costs and benefits occur at different points in time.
【单选题】You are the project manager for a large project under contract with the government . The contract for this two year , multi-million dollar project was signed six months ago. You were not involved in c...