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Mdm. Sally Soh, aged 44, has a bond portfolio valued at $250,000. The estimated return on the bond portfolio is 6%. Assuming an inflation rate
Mdm. Sally Soh, aged 44, has a bond portfolio valued at $250,000. The estimated return on the bond portfolio is 6%. Assuming an inflation rate of 2.5%, what is the estimated future value of the bond portfolio when Sally retires at age 62?
$389,915
$457,526
$713,585
$464,372
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