When solving for present value, we use the term compounding of cash flows rather than the term discounting of cash flows
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: When solving for present value we use the term discounting of cash flows.
Business
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Which one of the following best identifies a characteristic of digital computers?
A. They are used to process continuous numbers. B. They are used in scientific research. C. They are used primarily as a measuring device. D. They are used to count numbers.
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Which of the following contributes to high P/E ratios?
A) high dividend payout ratios B) high rate of earnings growth C) periods of high inflation D) high debt ratios
Business