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According to the late Jeffry Timmons, one of the early leaders in entrepreneurship education, what are the five most prevalent myths about entrepreneurship?
Cash Flows
The total amount of money being transferred into and out of a business, representing the operational, investing, and financing activities.
Cost of Capital
The total cost of acquiring funds used for investment purposes, including debt and equity.
Terminal Value
Terminal Value is the estimated value of a business or investment at the end of a forecast period, calculated to determine its future cash flows in perpetuity.
Cash Flow
The net amount of cash and cash-equivalents being transferred into and out of a business.
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