Value of CPI 130 125 123 120 115 index Required: IV. V. Estimate the geometric growth rate in sales without any adjustments. Adjust sales for inflation and re-estimate the growth rate. Forecast revenues for years 6 in nominal and real dollars if inflation is expected to be 5% and real growth in revenues remains unchanged? If revenues are the only form of cash flows, demonstrate how the present value of revenues expected in year 6 will be the same irrespective of whether cash flows are defined as 'nominai' or 'real'. Assume a real discount rate of 6%. Revise your answer to [iv] if cash flows from year 6 are expected in perpetuity