Examlex
Which of the following statements is true of an impromptu speech?
Discounted
Reduced in price or reflecting the present value of future cash flows when taking into account the time value of money.
Present Value
The value today of a future amount of money or series of payments, adjusted for a specific return rate.
Discounted
The process of determining the present value of a payment or stream of payments that will be received in the future.
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