Which of the following statements is true of the calculation of economic damages in a civil litigation?
A) All future economic damages must be reduced to present value, which requires the application of a discount rate.
B) Calculations of economic damages are often based on a set of foundational assumptions rather than facts.
C) Interest on past economic damages is always calculated by a forensic accountant.
D) Worklife expectancy is the period of time a person is expected to live past retirement.
Correct Answer:
Verified
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