IFMP Mutual Fund Basic Certification (MFBC), Pakistan Practice Questions - IFMP Mutual Fund Basic Certification (MFBC), Pakistan Exam

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According to IFMP Mutual Fund Basic materials, why is money available today generally worth more than the same amount received later?

It can be consumed or invested sooner, so delaying receipt has an opportunity cost Pakistan law forbids receiving cash after a stated future date Future rupees are always larger because of mandatory government top-ups Banks refuse to accept deferred payments under any circumstance

Correct Answer:

It can be consumed or invested sooner, so delaying receipt has an opportunity cost

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