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A Conventional Cash Flow Is Defined as a Series of Cash

Question 94

Multiple Choice

A conventional cash flow is defined as a series of cash flows where:


A) The total of the cash flows is positive.
B) All of the cash flows are positive.
C) The sum of the cash flows is equal to zero.
D) The present value of the cash flows is equal to zero.
E) Only the initial cash flow is negative.

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