which of the following statements is incorrect (least correct)?
A. if the discount (or interest) rate is positive, the future
value of an expected series of payments will always exceed the
presents value if the same series.
B. Disregarding risk, if money has time value, it is
impossible for the present value of a given sum to be greater than
its future value.
C. Disregarding risks, if the present value of a sum is equal
To ITs future value, either...