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Which of the following best describes the concept of cash-flow equivalence? An investor would be indifferent between receiving one cash-flow over the other. The cash flows have the same value in dollars. The cash flows happen during the same time period. The cash flows are both positive. The cash flows are both negative. Assume you are going to receive a payment of $1,000 in 5 years. You'd like to know what that cash flow would be worth in 2 years. To calculate the answer, you use the given interest rate to obtain an equivalent cash flow expressed in year 2 dollars. This is an example of calculating a... Present Value Future Value Discounted Value Annuity Lump Sum