Check my work 1 Problem 6-5 Real and nominal flows 10 points Mr. Art Deco will be paid $190,000 one year hence. This is a nominal flow, which he discounts at an 6% nominal discount rate: 8 PV = $190,000 / 1.06 = $179,245 04:48:27 The inflation rate is 5%. eBook Calculate the PV of Mr. Deco's payment using the equivalent real cash flow and real discount rate. (Do not round intermediate calculations. Round your "Real cash flow" and "Present value" answers to the nearest whole dollar amount. Enter the "Real discount rate" as a percent rounded to 3 decimal places.) References Real cash flow Real discount rate Present value