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Which of the following statements are true about a payment stream? Multiple select question. To get the combined value of a payment stream the time
Which of the following statements are true about a payment stream? Multiple select question. To get the combined value of a payment stream the time value of money must be considered. To determine the equivalent value of a payment stream add the equivalent values (at the chosen focal date) of the individual payments. A payment stream is a series of two or more payments required by a single transaction or contract. To get the combined value of a payment stream simply add the amount of payments occurring on different dates
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