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    Mr. Art Deco

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    Mr. Art Deco will be paid $ 100,000 one year hence. This is a nominal flow, which he discounts at 8% nominal discount rate.

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    Your question is:
     
    Mr. Art Deco will be paid $ 100,000 one year hence. This is a nominal flow, which he discounts at 8% nominal discount rate.

    The nominal flow is one in total terms. In other words there is no change for inflation. Now when a nominal ...

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    This solution gives you strong points concerning Mr. Art Deco

    $2.19