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1. Compute the net present value of Ariel-Mexico's recycling equipment proposal in pesos by discounting incremental peso cash flows at a peso discount rate. How

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1. Compute the net present value of Ariel-Mexico's recycling equipment proposal in pesos by discounting incremental peso cash flows at a peso discount rate. How should this NPV be translated into Euros? Assume expected future inflation for France is 3% per year

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