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Use the following data to answer the question: Year Inflation rate Nominal interest rate 2020 5% 10% 2025 0% 2% 2030 20% 15% 2035 -5%

Use the following data to answer the question:

Year Inflation rate Nominal interest rate
2020 5% 10%
2025 0% 2%
2030 20% 15%
2035 -5% 1%

In which year would you prefer to be a lender?

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