GLOSSARY

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A popular mechanism of measuring the discounted cash flow value of the net profit value of the future cash benefits:

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NPV = \sum_{i=0}^n \frac{R_{t_i}}{(1+r)^{t_i}} = R_0 + \sum_{i=1}^n \frac{R_{t_i}}{(1+r)^{t_i}}

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