Question:The concept of present value ____________________. 

A can be simply defined as today's value of a stream of future cash flows 
B implies that the value of receiving cash today will be less than the value of receiving it in the future 
C is employed extensively in the valuation of assets under current generally accepted accounting practices 
D determines the minimum amount that a buyer would be willing to pay for an asset 

+ Answer
C 

+ Explanation
Answer not sure

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Md. Habib Ullah

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