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Question 22 The basic principle of valuation states that the value of any asset is: The sum of the present value of all cash flows

Question 22 The basic principle of valuation states that the value of any asset is: The sum of the present value of all cash flows generated by the asset The sum of all future cash flows generated by the asset The present value of next year's cash flow only The degree of cash flow riskiness is not a relevant factor in valuation

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