In Financial and Contract Management, chapter 7 titled Discounted Cash Flow Techniques and Chapter 8 titled Risk Analysis in Investment Decisions, what are 3 concepts that will help a person understand the importance to proper discount cash flows to support an appropriate analysis of risk of an investment decision, whether they are located private-sector or the public sector?

Reference

Higgins, R. C., Koski, J. L., & Mitton, T. (2019). Analysis for financial management. McGraw-Hill Education.