Sum of discounted cash flows is best defined as

technical equity
defined future value
project net present value
equity net present value

The correct answer is: C. project net present value.

The sum of discounted cash flows (DCF) is the present value of all future cash flows from a project, discounted at a rate that reflects the risk of the project. It is a measure of the financial value of a project, and is used to compare different projects or to decide whether to invest in a project.

Technical equity is the value of a company’s assets minus its liabilities. It is a measure of the company’s financial health, and is used to determine the company’s creditworthiness.

Defined future value is the value of an asset at a future date, assuming a certain rate of interest. It is used to calculate the future value of investments, pensions, and other financial assets.

Equity net present value is the net present value of all future cash flows from a project, discounted at a rate that reflects the risk of the project, and adjusted for the equity ownership of the project. It is a measure of the financial value of a project to the equity owners of the project.

In conclusion, the sum of discounted cash flows is best defined as project net present value.

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