Question: To use the present value formula PV0 =C/r at time zero, which of the following is correct? a. The first piece of cash flow will

To use the present value formula PV0 =C/r at time zero,

To use the present value formula PV0 =C/r at time zero, which of the following is correct? a. The first piece of cash flow will occur next period or next year b. There are at most one billion pieces of cash flows c. The number of cash flows can be counted d. Cash flows will stop in the future e. None of the above

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