Question: Which answer would be most correct? Question 4.(TCO B) In a TVM calculation, if incoming cash flows are positive, outgoing cash flows must be: Positive

Which answer would be most correct?

Question 4.(TCO B) In a TVM calculation, if incoming cash flows are positive, outgoing cash flows must be:

Positive

Negative

Either positive or negative. It really doesn't matter.

Stated in time units that are different from the time units in which the interest rates are stated.

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