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    Exam 18: Cross-Border Mergers and Acquisitions:
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    Nominal or Real Cash Flows Should Give Different Net Present
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Nominal or Real Cash Flows Should Give Different Net Present

Question 33

Question 33

True/False

Nominal or real cash flows should give different net present values if the expected rate of inflation used to convert future cash flows to real terms is the same inflation rate used to estimate the real discount rate.

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