PERSONAL FINANCE >LL< W CONNECT
PERSONAL FINANCE >LL< W CONNECT
11th Edition
ISBN: 9781259891557
Author: Kapoor
Publisher: MCG
Question
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Chapter 1, Problem 1.4PQ1
Summary Introduction

To explain:

The use of future value and present value computations to measure the opportunity cost of a financial decision.

Introduction:
Opportunity cost refers to the cost which is due to the loss of the benefit because of the choice of the other project or other thing. It is the profit that is known and cannot be achieved due to the selection of other opportunity.

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