What is the time value of money analysis

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Why is loss forecasting necessary when making decision about whether to retain or transfer loss exposures?

What is the danger of simply using past losses to estimate future losses?

What is the time value of money analysis used in risk management decision making?

What would be the effect of ignoring the time value of money when making risk management decisions?

What does the net present value of loss control investment really represent to the owners of the organization?

Reference no: EM132803775

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