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Walmart forecasts the following nominal cash flows ( in millions of USD ) on a particular project:Year 0 1 2 Cash flow - $ 1

Walmart forecasts the following nominal cash flows (in millions of USD) on a particular project:Year012Cash flow-$1,000 $600 $650The nominal rate is 14%, and the inflation rate is forecast to be 5 percent.1. What is the value of the project if you use nominal cash flows?2. What if you use real cash flows?3. Would the value be different? Why or why not?

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