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Explain why we have to discount the cash flows in order to evaluate the net present value. What is the role of the discount rate?
Explain why we have to discount the cash flows in order to evaluate the net present value. What is the role of the discount rate? Use a numerical example in you excel file and calculate the NPV using the NPV EXCEL function, the usage of the PV & SUM EXCEL functions and the mathematical formula for the present value calculation.
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
6th Edition
978-1506396811, 150639681X
