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Business, 01.01.2021 18:10 alodrascon175

The importance of cash flows in the absolute valuation process 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

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