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Budi Frensidy
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In finance or investment analysis, present value is perhaps the most important concept. If we substract initial outlay from total present value, we will get another most widely-used rule in capital budgeting called the net present value (NPV) rule. In calculating the (net) present value of an investment or a project, we usually do it one by one namely getting the present value of each cash flow in the future using the relevant discount rate. ...
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2006
MUIN-XXXV-4-April2006-40
Artikel Jurnal Universitas Indonesia Library