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Powder metal valve seats are softer and do not last as long as cast iron seats.
Present Value
The current value of a future sum of money or stream of cash flows given a specified rate of return.
Average Rate
A term often used in finance to denote the mean of various rates of interest or exchange rates over a given period.
Capital Investment
Funds invested in a business by the owners or partners for long-term growth and financial stability.
Net Cash Flow
The amount of cash generated or used by a business in a given period, considering cash inflows and outflows from operating, investing, and financing activities.
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