When faced with cash flows of equal magnitude occurring at different points in time, we prefer to: a. Receive it later than sooner b. Receive it sooner than later c. Pay it sooner than later d. Simplify the cash flows by summing them to determine the net cash flow.
When faced with cash flows of equal magnitude occurring at different points in time, we prefer to: a. Receive it later than sooner b. Receive it sooner than later c. Pay it sooner than later d. Simplify the cash flows by summing them to determine the net cash flow.
Chapter4: Time Value Of Money
Section4.12: Uneven, Or Irregular, Cash Flows
Problem 1ST
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When faced with cash flows of equal magnitude occurring at different points in time, we prefer to: a. Receive it later than sooner b. Receive it sooner than later c. Pay it sooner than later d. Simplify the cash flows by summing them to determine the net cash flow.
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