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Restate the above net cash flows in real terms. Discount the restated cash flows at a real discount rate. Assume a 18% nominal rate and

image text in transcribed Restate the above net cash flows in real terms. Discount the restated cash flows at a real discount rate. Assume a 18% nominal rate and 12% expected inflation. NPV should be unchanged at +4,512, or $4,512,000. Note: Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest whole number

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