Restate the net cash flows in Table in real terms. Discount the restated cash flows at a

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Restate the net cash flows in Table in real terms. Discount the restated cash flows at a real discount rate. Assume a 20% nominal rate and 10% expected inflation. NPV should be unchanged at+3,802, or$3,802,000.

Restate the net cash flows in Table in real terms.
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Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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