Question 7 10 pts Based on the Fisher equation, if expected inflation ne = 4% and nominal rate nominal 11%, what would the real rate rreal be? Note: Show your answer in units of percents, use plain numbers with at least two digits after the decimal (e.g., for 12.34%, type 12.34). 10 pts D Question 8 Question 6 10 pts Consider an annuity that pays $800 per year for 14 years, with the first payment starting a year later (t-1). What is its future value 14 years from now at an expected return of 9% per year? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67. type 12345.67). Question 7 10 pts O 19 O cash surplus. Question 5 10 pts Consider an annuity that pays $100 per year for 12 years, with the first payment starting a year later (t-1). What is its present value today at an expected return of 9% per year? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67). Question 6 10 pts o