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	Net Present Value (NPV)
	Publication #: B-1302 Date Published: 07/01/2017 Publication Author(s): Bridger Feuz John Ritten

Description:
Many decisions on a ranch require significant capital investment to facilitate a change.  This type of investment typically includes initial costs but also provides returns over a period of time.  
Because these returns occur over time, the time value of money must be included in an investment analysis.  Net Present Value (NPV) analysis is a tool that allows us to compare future returns with current costs (or vice versa).

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