Problem 5-75 Real versus Nominal Rates (LO5) You will receive $100 from a zero-coupon savings bond in 2 years. The nominal interest rate is 7.40%. points Skipped a. What is the present value of the proceeds from the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value eBook Print b. If the inflation rate over the next few years is expected to be 2.40%, what will the real value of the $100 payoff be in terms of today's dollars? (Do not round intermediate calculations. Round your answer to 2 decimal places.) References Real value c. What is the real interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Real interest rate % d. Show that the real payoff from the bond [from part (b)] discounted at the real interest rate (from part (c)) gives the same present value for the bond as you found in part (a). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value