The value of a financial asset is the, Financial Management

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The value of a financial asset is the

The value of a financial asset is the ____

1. future value of just the capital gains but not the dividends

2. sum of all previous cash flows received

3. present value of all the future cash flows that will be received

4. present value of just the capital gains but not the dividends

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Financial Management: The value of a financial asset is the

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