Present value, as of today, would be the same as:
A) the cash price of the asset when it was purchased.
B) the present price of any given product or service.
C) the selling price.
D) the discounted value of future cash flows.

Question

Quizplus · Accepted Answer

Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return, which is calculated by discounting future cash flows.

Present Value, as of Today, Would Be the Same As