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The inflation rate has increased rapidly in recent months in the U.S. Which firm's equity valuation will be hurt more by heightened inflation, value firms or growth firms? [Hint: How does inflation change your preference for cash today vs. cash in the future?] a) Value firm b) No differential impact on equity valuation of value and growth firms c) Growth firm .

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The inflation rate has increased rapidly in recent months in the U.S. Which firm's equity valuation will be hurt more by heightened inflation, value firms or growth firms? [Hint: How does inflation change your preference for cash today vs. cash in the future?] a) Value firm b) No differential impact on equity valuation of value and growth firms c) Growth firm

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