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PorterOlaph PorterOlaph
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6 years ago
Which of the following statements is true of the calculation of economic damages in a civil litigation?
A) In economic damages calculations, risk is not an issue, since the discount rate is supposed to represent a risk-free rate.
B) All past economic damages must be reduced to present value, which requires the application of a discount rate.
C) Calculations of economic damages are often based on a set of foundational facts rather than assumptions.
D) An economic expert must convert future losses to present value using the applicable interest rate.
Textbook 
Forensic Accounting

Forensic Accounting


Edition: 1st
Authors:
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discovrndiscovrn
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6 years ago
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PorterOlaph Author
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6 years ago
Much appreciated. Excellent explanation too
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