Examlex
A binary choice model is also referred to as a discrete choice model.
Present Values
The now-value of a forthcoming financial amount or cash flow pattern, discounted at a fixed rate of return.
Net Present Value Method
A financial analysis tool used to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.
Annual Return
The percentage of increase or decrease in an investment's value over a one-year period.
Present Value Factors
Present value factors are numerical values used to calculate the present value of a future amount of money or stream of cash flows given a specific interest rate.
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