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When using the NPV model, a world of uncertainty is assumed.
Inflation Rate
How quickly the average price of goods and services climbs, lessening the value of money.
Currency
The system of money in general use in a country or economic bloc, used as a medium of exchange for goods and services.
Secondary Reserves
Liquid assets that are not used as part of a firm's primary operations but can be quickly converted into cash to meet short-term liabilities.
Treasury Bills
Short-term government securities issued with a term typically less than one year, used to raise funds for government expenses.
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