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The price quoted for constructing a plant in June 2013 was $35M. What would you estimate its cost to be: a. In June 2022 if

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The price quoted for constructing a plant in June 2013 was $35M. What would you estimate its cost to be: a. In June 2022 if inflation has averaged 2.2% per annum over the period? b. In December 2022 if the cost has escalated at 1.25% per annum above CPI in real terms

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