MCA Healthcare invests $1 million in a rehab facility. Inflation is 4 percent per year. The investment’s nominal required return is 6 percent per year. If the rehab facility retains its real value, what is its nominal value in three years?
1) $1,000,000.
2) $888,996.
3) $1,040,000.
4) $961,538.
5) $1,191,016
6) $943,396.
7) $839,619.
8) $1,124,864.
9) $1,060,000. Get Finance Help Today
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