Question
If you are expressing all cash flows in current dollars, you use the ______ to discount future cash flows. The real interest rate The nominal
If you are expressing all cash flows in current dollars, you use the ______ to discount future cash flows.
The real interest rate
The nominal interest rate
The IRR interest rate
The corrected interest rate
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
