Which answer would be most correct? Question 4.(TCO B) In a TVM calculation, if incoming cash flows are positive, outgoing cash flows must be: Positive
Which answer would be most correct?
Question 4.(TCO B) In a TVM calculation, if incoming cash flows are positive, outgoing cash flows must be:
Positive
Negative
Either positive or negative. It really doesn't matter.
Stated in time units that are different from the time units in which the interest rates are stated.
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Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
