10. Restate the net cash flows in Table 6.6 in real terms. Discount the restated cash flows...
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10. Restate the net cash flows in Table 6.6 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.
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