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(TCO B) When we express the value of a cash flow or series of cash flows in terms of dollars today, we call it the
(TCO B) When we express the value of a cash flow or series of cash flows in terms of dollars today, we call it the _____ of the investment. If we express it in terms of dollars in the future, we call it the _____.
present value; future value |
future value; present value |
ordinary annuity; annuity due |
discount factor; discount rate |
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