Question: You have been asked by your boss to create a five-year financial forecast. Your company will not be borrowing any new funds over the next
You have been asked by your boss to create a five-year financial forecast. Your company will not be borrowing any new funds over the next five years, and it has fixed interest rates on the existing debt. How important is it to consider the potential effects of inflation in your five-year forecast?
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Forecasting inflation is still important because many other variables besides ... View full answer
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