Cindy Arella's godmother just left her an inheritance of $100,000: Cindy will receive a payment of $100,000 when she turns 21, which will be in 8 years. Here isa diagram: 3 4 6 8 Nominal Cash $100,000 Flow The nominal interest rate is 4% per year, and the inflation rate is expected to be 1% per year a. Calculate the present value of Cindy's inheritance using nominal cash flows. b. Draw a diagram of the real cash flow corresponding to Cindy's inheritance. c. Calculate the present value of Cindy's inheritance using real cash flows