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Question 7 10 pts You want to have $300,000 in real terms 7 years from now You expect inflation over that time period to be

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Question 7 10 pts You want to have $300,000 in real terms 7 years from now You expect inflation over that time period to be 4% per year. Your investments earn 7% APR (nominal) compounded annually. Based on your expectations, you construct a growing nominal annuity to meet your investment target. What is the nominal cash-flow you would have to deposit in year 5 if inflation turns out to what you expected

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