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kemal will receive 7000 a year in real terms for the next 8 years at the end of each year with the first payment occurring

kemal will receive 7000 a year in real terms for the next 8 years at the end of each year with the first payment occurring one year from today. f the nominal discount rate is 8.2 percent and the inflation rate is 2.3 percent, what are kemal's winnings worth today in real dollars?

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