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Question
A firm begins with nominal net working capital NWCNt–1 = 200 and then increases it to NWCNt = 250. The price index increases from IXt–1 = 144 to IXt = 166. Based on this information, what is the real investment in NWC in year t?
a) 9.51
b) 10.84
c) 30.12
d) 49.73
Answer
This answer is hidden. It contains 266 characters.
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