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QUESTION 21 You will receive $5,000 a year in real terms for the nec 5 years. Each payment will be received at the end of
QUESTION 21 You will receive $5,000 a year in real terms for the nec 5 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 2.45 percent. What are your winnings worth today in real dollars? O A $19.966 OB. 521,220 OC. $20,413 D. $20,233 O E 520.446
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