Future Cash Flows Expressed in Present Value Terms

question 102

Short Answer

Future cash flows expressed in present value terms.

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Definitions:

Operant Conditioning

a method of learning that uses rewards and punishments to influence behavior.

Classical Conditioning

A learning process in which a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit similar responses.

Observational Learning

A form of social learning where behaviors are learned by watching and imitating others.

Modeling

Demonstrating a behavior to imitate a behavior that was previously observed.