Question: Discounting is the process of Blank _ _ _ _ _ _ . Multiple choice question. calculating the present value of either a lump sum

Discounting is the process of Blank______.
Multiple choice question.
calculating the present value of either a lump sum or a series of cash flows
calculating the future value of either a lump sum or a series of cash flows
converting a simple interest rate into an effective annual rate
removing all risk from a potential capital investment

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