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Present value is best defined as the: worth or value today of future expected returns or costs. worth in the future of a current flow
Present value is best defined as the:
worth or value today of future expected returns or costs.
worth in the future of a current flow of returns or costs.
current worth of a financial asset purchased in the past.
expected future value of a financial asset purchased today.
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ISE Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders Professor, Marcia Millon Cornett, Otgo Erhemjamts
10th International Edition
1260571475, 9781260571479
