PIUDiell 10.15 You are buying a sofa. You will pay $200 today and make three consecutive annual payments of $300 in the future. The real rate of return is 11.5 percent, and the expected inflation rate is 4 percent. What is the actual price of the sofa? (Round intermediate calculation and final answer to 2 decimal places, e.g. 15.25.) Actual prices Click if you would like to show Work for this question: Open Show Work