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If the nominal cash flows of a project are $5,000,C1$7,200; and C2$9,450. In addition, the nominal and real discount rates are 12% and 6%, respectively.

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If the nominal cash flows of a project are $5,000,C1$7,200; and C2$9,450. In addition, the nominal and real discount rates are 12% and 6%, respectively. Estimate inflation rate if the NPV of the project is $8,962. Select one: a. 5.66% b. 10% c. 7.66% d. 4.20% e. None of the above

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