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In Higgins book, Financial and Contract Management, chapter 7 and 8, what are 3 concepts that will help a person understand the importance to proper

In Higgins book, Financial and Contract Management, chapter 7 and 8, 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.

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