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9. Which of the following is false? A. The present discounted value of a stream of returns can be calculated in real or nominal terms
9. Which of the following is false? A. The present discounted value of a stream of returns can be calculated in real or nominal terms B) the higher the one-year interest rate, the lower the present discounted value of a payment next year C) Estimating the present discounted value of the profits from an investment in a new machine by using nominal interest rate is sufficient for decision. D) When deciding whether to buy or lease a car using nominal interest rate as a discounted rate is sufficient
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