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QUESTION 3 Inflated currency can be converted to constant-value currency by dividing by one plus the inflation rate for each year. True False QUESTION 4

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QUESTION 3 Inflated currency can be converted to constant-value currency by dividing by one plus the inflation rate for each year. True False QUESTION 4 The real interest rate is also known as the inflation-free interest rate. True False QUESTION 5 The recovery period refers to the depreciable life of an asset. True False QUESTION 6 The half-year convention assumes that assets are placed in service or disposed of at the end of the year. True False QUESTION 3 Inflated currency can be converted to constant-value currency by dividing by one plus the inflation rate for each year. True False QUESTION 4 The real interest rate is also known as the inflation-free interest rate. True False QUESTION 5 The recovery period refers to the depreciable life of an asset. True False QUESTION 6 The half-year convention assumes that assets are placed in service or disposed of at the end of the year. True False

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