Present Value Is Defined as The

Multiple Choice

Present value is defined as the:

A) Amount of money invested each time period for a stated number of periods.
B) Summation of the cash flows received within a specified period of time.
C) Value of future cash flows in today's dollars given a specific discount rate.
D) Compounded value of a principal amount given a specific rate of interest.
E) Value of an investment given simple interest for a specific period of time.