Question
The value of a risky investment is estimated by using the ____ to calculate the _____ of estimated future cash flows. A. risk free rate;
The value of a risky investment is estimated by using the ____ to calculate the _____ of estimated future cash flows.
A. risk free rate; present value
B. required rate of return; future value
C. required rate of return; present value
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Finance
Authors: Angelico Groppelli, Ehsan Nikbakht
7th Edition
1438010362, 9781438010366
