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Time value analysis involves either discounting or compounding cash flows. Many healthcare financial management decisions--such as bond refunding, capital investment, and lease versus buyinvolve discounting

Time value analysis involves either discounting or compounding cash flows. Many healthcare financial management decisions--such as bond refunding, capital investment, and lease versus buyinvolve discounting projected future cash flows. What factors must executives consider when choosing a discount rate to apply to forecasted cash flows?

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