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    Exam 19: Compound Interest and the Concept of Present Value
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    The Sum of the Discount Factors Applicable to Individual Cash
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The Sum of the Discount Factors Applicable to Individual Cash

Question 3

Question 3

Multiple Choice

The sum of the discount factors applicable to individual cash flows in a series of equal cash flows is called the:


A) single-sum, present-value factor.
B) total discount factor.
C) annuity discount factor.
D) compound discount factor.
E) internal rate discount factor.

Correct Answer:

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