When We Express the Value of a Cash Flow or Series

Multiple Choice

When we express the value of a cash flow or series of cash flows in terms of dollars today,we call it the ________ of the investment.If we express it in terms of dollars in the future,we call it the ________.

A) present value;future value
B) future value;present value
C) ordinary annuity;annuity due
D) discount factor;discount rate