Financial asset’s value will be computed as discounted expected future cash flows’ present value earned or generated on that asset. According to me, the given statement is true. Let us start with t period = 0. At t time = 0, in case of investment is made in any asset, it is expected that some return (per annum x%) will be yielded in some future period of time. But uncertainty can be there regarding the present asset value. In such scenario, the expected flow of cash will be provided from the asset. For instance, from a bond, it happens to be the equity shares and rate of interest, its likely capital gain or its dividend.