QUESTION 7 What is periodic compounding? Cash value of the investment at some point in the future Current value of future cash flows discounted at the appropriate discount rate Interest compounded more often than once a year Process of accumulated interest QUESTION 8 The present value of a dollar to be received in the future is: Less than a dollar More than a dollar Equal to a dollar None of these answers is correct QUESTION 9 Discount rate that makes the present value of the expected incremental after tax cash inflows just equal to the initial cost of the project Internal Rate of Return (IRR) net present value (NPV) Present Value O Cash Flows