When calculating the NPV of a project, the time value of money is an important consideration. Is the time worth of money just as essential in low-inflation periods as it is in high-inflation periods? Explain your response.

Information Technology Project Management
9th Edition
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Kathy Schwalbe
Chapter11: Project Risk Management
Section: Chapter Questions
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When calculating the NPV of a project, the time value of money is an important consideration. Is the time worth of money just as essential in low-inflation periods as it is in high-inflation periods? Explain your response.

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