The future value of a single sum is determined by multiplying the future value factor by its present value.

The Sarbanes-Oxley Act of 2002, along with related legislation, resulted in which of the following important changes in financial public relations?

A. Held top management personally accountable for a company's financial reports B. Helped public relations practitioners gain inside information on companies, which would help them decide whether to buy or sell those companies' stocks C. Made it more difficult for public relations practitioners to disclose company financial information in a timely way D. Established oversight boards to ensure uniform legal behavior by companies' outside auditors E. Both A and D are correct

The sum of the present values of an investment's expected future cash flows is known as the

investment's intrinsic value. Indicate whether the statement is true or false