If the discount rate is stated in real terms, then in order to calculate the NPV in a consistent manner, the p If the discount rate is stated in real terms, then in order to calculate the NPV in a consistent manner, the project requires that roject requires that

	A.	cash flows be estimated in real terms.
	B.	accounting income be used.
	C.	cash flows be estimated including future inflation.
	D.	cash flows be estimated in nominal terms.