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Management Sciences
MEDIUM
ENGLISH
Management Sciences
The effect of purchasing power or inflation on present value is important because _________?
A
It increases the real value of cash flows received in the future
Option A
It reduces the real value of cash flows received in the future
Correct answer
C
It has no effect on real value of cash flow received in the future
Option C
D
None of these
Option D
Correct answer: B
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