Explain why it is that the longer the time period before a cash flow will be received,

Question:

Explain why it is that the longer the time period before a cash flow will be received, the lower its present value. mk7

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Accounting Concepts And Applications For Managerial Decision Making

ISBN: 9780070103108

2nd Edition

Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg

Question Posted: