Why do investors prefer receiving cash sooner rather than later, according to finance theory?
a. Incremental profits are greater than accounting profits.
b. Money received earlier can be reinvested and returns can be increased.
c. Tax considerations are important when investing.
d. Diversification leads to increased value.
a. Incremental profits are greater than accounting profits.
b. Money received earlier can be reinvested and returns can be increased.
c. Tax considerations are important when investing.
d. Diversification leads to increased value.
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