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Discount Rate
The interest rate used to discount future cash flows of a financial instrument to their present value, determining the potential investment's value.
Cash Flows
The total amount of money being transferred into and out of a business, indicating its financial health.
Project
A planned endeavor, typically involving research or design, that is carefully planned to achieve a particular aim.
PI
A mathematical constant approximately equal to 3.14159, representing the ratio of a circle's circumference to its diameter; if the context is finance, PI could refer to Profitability Index, indicating the ratio of payoff to investment for a project.
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