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R41 EOC #3 (Valuation in Emerging Markets)
 
Hi everyone, 
I was wondering if someone could explain to me how to arrive at the Ruppee cost of Taxes in EOC #3. I understand that you divide by the inflation rate to get back to the nominal cost, but I don’t see where the 238,000 is coming from. 
Any help is greatly appreciated. 
Hope your studies are going better than mine. 
Brainwasher |   
 
 
 
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