NPV measures the excess or shortfall of cash flows based on the discounted pres- ent value of

Question:

NPV measures the excess or shortfall of cash flows based on the discounted pres- ent value of future cash flows (less the initial cost/investment).

a. True

b. False

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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