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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Related Book For
Fundamentals Of Financial Planning
ISBN: 9781936602094
3rd Edition
Authors: Michael A Dalton, Joseph Gillice
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