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What was so remarkable about Rajan?
Cash Flows
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
Annuity
A financial instrument that provides a consistent series of payments to a person, often utilized as a source of income for retired individuals.
Equivalent Cash Flows
Streams of equal value cash flows occurring at regular intervals.
Hurdle Rate
The minimum rate of return on a project or investment required by a manager or investor to proceed with the project.
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