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11. You want to have $3.5 million in real dollars in an account when you retire in 30 years. The nominal return on your investment

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11. You want to have $3.5 million in real dollars in an account when you retire in 30 years. The nominal return on your investment is 11 percent and the inflation rate is 3.5 percent. What real amount must you deposit each year to achieve your goal? A) $35,441.88 B) $17,586.09 C) $37,213.97 D) $36,859.55 E) $33,669.79 12. McConnell Corporation has bonds on the market with 20 years to maturity, a YTM of 6.0 percent, a par value of $1,000, and a current price of $1,146.50. The bonds make semiannual payments. What must the coupon rate be on these bonds

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