Examlex
Which of the following fossil fuels is the hardest to handle?
IRR
Internal Rate of Return; the discount rate that makes the net present value of all cash flows from a particular project equal to zero.
Time Value of Money
The concept that money available now is worth more than the same amount in the future due to its potential earning capacity.
Payback Period
The length of time it takes for an investment to generate cash flows sufficient to recover the initial investment cost.
Project's Liquidity
An assessment of a project's ability to convert its assets to cash quickly without significant loss in value, to meet short-term obligations.
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