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What is the most we should pay for any investment? Select one: a. The future value of the investment's expected cash flows calculated using our

What is the most we should pay for any investment?

Select one:

a. The future value of the investment's expected cash flows calculated using our desired rate of return.

b. The present value of the investment's cash flows calculated using our desired rate of return.

c. The sum of the investment's cash flows.

d. none of the above

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