Which statement is TRUE about Present Value(PV)?

A.
The difference in benefit received between a chosen project and a project that was not chosen

B.
The interest rate that makes the net present value of all cash flow equal zero

C.
The value today of future cash flow

D.
The present value of cash inflow less the present value of cash outflow

Explanation:
Present Value(PV): The value today of future cash flow. The higher the PV, the better.