What is discount rate

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Explanation:

The discount rate is the interest rate used to determine the present value of future cash flows in standard discounted cash flow analysis. Many companies calculate their weighted average cost of capital (WACC) and use it as their discount rate when budgeting for a new project.

the belief that a winning political party is empowered by the voters to carry out campaign promises is called a mandate. mandate is also an authority given to a constituency to represent someone or a group.

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