What is the definition of “opportunity cost” as it relates to the time value of money? It is the loss of a potential gain choosing one alternative over another, particularly ignoring the time value of money. It is the benefit side of the cost/benefit ratio. It is the price of selling an asset. It is the amount of money invested in saving bonds. exoplain your answer give correct answer

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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What is the definition of “opportunity cost” as it relates to the time value of money?

It is the loss of a potential gain choosing one alternative over another, particularly ignoring the time value of money.
It is the benefit side of the cost/benefit ratio.
It is the price of selling an asset.
It is the amount of money invested in saving bonds.
exoplain your answer give correct answer 
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