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Liquidity Needs: include inflation or not?
2009 Exam 1C: no mention of increasing for inflation
2009 Exam 3C: inflation is excluded from the calculation (despite being included in the return calculation)
2007 Exam 1D: says that liquidity needs are 200,000 per year and increase by inflation each year |
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发表于 2011-7-11 19:53
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