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5 10 points eBook You will receive $100 from a savings bond in 2 years. The nominal interest rate is 8.10%. a. What is
5 10 points eBook You will receive $100 from a savings bond in 2 years. The nominal interest rate is 8.10%. a. What is the present value of the proceeds from the bond? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. If the inflation rate over the next few years is expected to be 3.10%, what will the real value of the $100 payoff be in terms of today's dollars? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. c. What is the real interest rate? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. d. Calculate the real payoff from the bond [from part (b)] discounted at the real interest rate [from part (c)]. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Print a. Present value References b. Real value c. Real interest rate d. Real payoff %
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