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