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Which Is the Correct Unit for a First-Order Rate Constant

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Which is the correct unit for a first-order rate constant?


Definitions:

Present Value

The now value of a future cash flow stream or lump sum, discounted by a chosen rate of return.

Growing Annuity

A series of periodic payments that grow at a constant rate for a defined number of periods.

Cash Flow Growth Rate

The rate at which a company's cash inflow (from operations, investing, and financing) is growing over a specified period of time.

Rate of Return

The profit or loss garnered on an investment for a certain period, narrated as a percentage of the starting financial input.

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