What is the approximate maximum amount that a firm should consider paying for a project that will return $15,000 annually for 5 years if the opportunity cost is 10 percent?

The assignment of a discount rate to each project is an integral part of the NPV process

Indicate whether the statement is true or false.

The current value in today's dollars of a future sum of money is called

A) future value. B) adjusted value. C) compounded value. D) present value. E) discounted value.