Why is it true, in general, that a failure to adjust expected cash flows for expected inflation
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Why is it true, in general, that a failure to adjust expected cash flows for expected inflation biases the calculated NPV downward?
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Since the cost of capital includes a pre...View the full answer
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Related Book For 
Financial management theory and practice
ISBN: 978-0324422696
12th Edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
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