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NACVA Exam AVA Topic 2 Question 2 Discussion

Actual exam question for NACVA's National Association of Certified Valuators and Analysts exam
Question #: 2
Topic #: 2
[All National Association of Certified Valuators and Analysts Questions]

Which theory states that the fair market value of an investment is equal to the present value of the future payments, discounted back to the current time at an appropriate discount rate?

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Suggested Answer: D

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