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If the discount rate is stated in real terms, then in order to calculate the NPV in a consistent manner requires that project:
I. cash flows be estimated in nominal terms
II. cash flows be estimated in real terms
III. accounting income be used
Transgenic Forms
Organisms that have been genetically modified to contain genes from other species.
High-Yield Tomato Plants
Tomato plants genetically selected or engineered to produce a larger than average amount of fruit per plant.
Pharmaceuticals
Medicinal drugs developed for diagnosis, treatment, or prevention of diseases and medical conditions in humans or animals.
Thermus Aquaticus
A species of bacteria that is thermophilic and was the original source of the enzyme Taq polymerase, widely used in PCR techniques.
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