What is the meaning of "discounted value of expected net receipts"
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What is the meaning of "discounted value of expected net receipts"
Discounted future cash flows - Financial tool used to value a project, company, or asset using the concepts of the time value of money. All future cash flows are estimated and discounted to give them a present value. The discount rate used is generally the appropriate cost of capital, and may incorporate judgments of the uncertainty (riskiness) of the future cash flows.
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