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Jonnie is a defense attorney representing a client charged with drug offenses. He conducts a survey in the community and discovers that residents with conservative politics are particularly unsympathetic to defendants in drug cases. He therefore decides to use his peremptory challenges during jury selection to remove from the panel prospective jurors with a history of voting for conservative political candidates. Jonnie is making use of
Net Present Value
Net present value is the calculation to determine the present value of a series of future cash flows minus the initial investment cost, used to assess the profitability of investments.
Net Cash Inflows
The total amount of money received from an investment, project, or business operation, after deducting all associated cash outflows.
Discount Rate
The discount rate applied in the computation of present value through discounted cash flow analysis for future cash flows.
Net Present Value
The difference between the present value of cash inflows and the present value of cash outflows over a period of time.
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