Determine year three constant dollar product selling price

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A product that sells today for $100 per unit is expected to escalate in price by 6% in year one, 8% in year two and 10% in year three. Calculate the escalated dollar year three product selling price. If inflation is expected to be 5% in year one, 9% in year two and 12% in year three, determine the year three constant dollar product selling price.

Reference no: EM13739680

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