Question: 5. Cash Flows. True or false? ( LO9.2) a. A project's depreciation tax shields depend on the actual future rate of inflation. b. Project cash
5. Cash Flows. True or false? ( LO9.2) a. A project's depreciation tax shields depend on the actual future rate of inflation. b. Project cash flows should take account of interest paid on borrowings undertaken to finance the project. c. Accelerated depreciation reduces near-erm cash flows and, therefore, reduces project NPV
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