The importance of cash flows in the absolute valuation process
Asked by maham237 @ in Business viewed by 422 People
is most similar to which of the following?
a) A student deciding to attend law school, because she forgoes a full- time job today in hopes of a well-paying job in the future
b) A government giving a tax break to wind farms, because it values future energy independence more than the cost of the subsidy to encourage alternative energy development
c) A fishery exceeding fishing quotas, because it values short-term income more than long-term fishing stock
d) A fitness instructor avoiding soda and candy, because he gives up foods he enjoys in order to live a healthier, longer life