The Price of an Asset Should Approximately Equal the Total

question 46

True/False

The price of an asset should approximately equal the total future value of all the asset's present payments.

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Definitions:

Revoke

To take back or withdraw an offer, right, or privilege.

Resulting Trust

A trust implied by law when property is transferred under circumstances suggesting the transferor does not intend the recipient to have beneficial interest in the property.

Express Trust

A trust created either while the settlor is alive or by will.

Created

Brought into existence; originated or produced something new.