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The present value of a series of future cash flows is the amount you would need today to make the future cash flows equal to
The present value of a series of future cash flows is the amount you would need today to
make the future cash flows equal to zero
exactly duplicate those future cash flows
breakeven on the given exchange rate
exactly half those future cash flows
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Financial Statement Analysis
Authors: Martin S. Fridson, Fernando Alvarez
5th Edition
1119457149, 978-1119457145
