The value today of a future cash inflow or outflow is the
A) present value.
B) annuity value.
C) future value.
D) rate of return.
E) estimated return.
A
Business
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The face value of a bond payable minus the current balance of the discount account or plus the current balance of the premium account is the bond's carrying amount
Indicate whether the statement is true or false
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The secondary mortgage market is where loans are bought and sold by
A) mortgagees to mortgagees B) investors to lenders C) borrowers to lenders D) mortgagors to mortgagors
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