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A perpetuity has constant cash flows of $18,530 in nominal terms. What is the value of the cash flow at year 2 in real terms

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A perpetuity has constant cash flows of $18,530 in nominal terms. What is the value of the cash flow at year 2 in real terms if the inflation rate is 8.75%? $15,276 O $15,668 $16,060 $16,452 $16,843

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