Multiple Choice
Which of the following statement is correct?
A) Present value of any future cash flow stream is a sum of present value of each cash flow in the stream.
B) Present value of any future cash flow stream is a sum of future value of each cash flow in the stream.
C) Present value of any future cash flow stream is a sum of the value of each cash flow in the stream.
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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