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MCA Healthcare invests $1 million in a rehab facility. Inflation is 4 percent per year. The investment's nominal required return is 6 percent per year.

MCA Healthcare invests $1 million in a rehab facility. Inflation is 4 percent per year. The investment's nominal required return is 6 percent per year. If the rehab facility retains its real value, what is its nominal value in three years?

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