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Should be fine.

Why not just get a Mini-DisplayPort to VGA adapter?

Thank you for your assistance! As to why not get a direct Mini-Display Port Adapter. Well,

1. It costs more
2. I might get a new monitor soon which has HDMI, so it will be nice to have the Mini-DisplayPort to HDMI cable.

EDIT: Wait, It says: "Cable transmit video signals up to 1024 x 768 pixel resolution", does this mean, I won't be able to get the full resolution of my monitor???
 
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