Is the objective of discounting to take account of inflation? Explain.

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Financial Management for Decision Makers

ISBN: 978-0138011604

2nd Canadian edition

Authors: Peter Atrill, Paul Hurley

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Posted Date: Nov 02, 2023 03:14 AM

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Is the objective of discounting to take account of inflation? Explain.

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Expert Answer:

The objective of discounting is not primarily to take account of inflation Discounting is a financial concept used to determine the present value of f... View the full answer

Financial Management for Decision Makers

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