What is an opportunity cost rate? How is this rate used in discounted cash flow analysis, and where is it

  

What is an opportunity cost rate? How is this rate used in discounted cash flow analysis, and where is it shown on a time line? Is the opportunity rate a single number that is used all situations?Would you rather have a savings account that pays 5% interest compounded semiannually or one that pays 5% interest compounded daily? Explain

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