Question: adjusted present value (APV) is a technique that 1. adjusts conventional present value for nonconstant cash flows. 2. suggests separating tax savings from the interest

adjusted present value (APV) is a technique that

1. adjusts conventional present value for nonconstant cash flows.

2. suggests separating tax savings from the interest in the cash flows within the valuation process

3. is used to value a project for a multinational corporation

4. simply adjusts the conventional present value for nominal interest

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