6. You will receive $5,000 a year in real terms for the next 6 years. Each payment will be received at the end of the period with the first payment occurring one year from today. The relevant nominal discount rate is 9.725 percent and the inflation rate is .5 percent. What are your winnings worth today in real dollars? 7. A $1,000 face value bond has a coupon rate of 6 percent, a market price of $951.02, and 10 years left to maturity. Interest is paid semiannually. If the inflation rate is 3.2 percent, what is the yield-to-maturity when expressed in real terms? 8. Sunset Sales has 7.8 percent coupon bonds on the market with 11 years left to maturity. The bonds make semiannual payments and currently sell for 96.6 percent of par. What is the effective annual yield