Assignment:
Q1. Explain how an increase in inflation affects a company’s depreciation tax shields and what would be the resulting impact on the company’s value.
Q2. Why should you construct both real and nominal corporate forecasts when doing a valuation in high-inflation conditions?
Q3. Describe the five-step approach to combining nominal and real forecasts.
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.