Question
Which of the following would increase the the sum of the present values of expected cash flows? Lower cash flow amounts Higher discount rate Higher
Which of the following would increase the the sum of the present values of expected cash flows?
| Lower cash flow amounts | ||
| Higher discount rate | ||
| Higher riskiness of the cash flows | ||
| Equal cash flows | ||
| Less time to get all cash flows |
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
8th Edition
0357714636, 9780357714638
