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An outsider to a group often is able to learn more about norms than is an insider.
Discount Factor
A multiplier used in discounting to calculate the present value of future cash flows or earnings.
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and short-term financial health of the business.
Discount Rate
The interest rate used to discount future cash flows to their present value.
Salvage Value
The assessed salvage value of an asset at the close of its lifespan.
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