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Which of the following statements is true of the calculation of economic damages in a civil ...

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Which of the following statements is true of the calculation of economic damages in a civil ...

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

Edition: 1^st

Authors: Rufus, Miller, Hahn

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discovrn

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More solutions for this book are available here

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PorterOlaph Author

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Much appreciated. Excellent explanation too

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