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You will receive $ 5 , 0 0 0 one year from now, 6 0 0 0 three years from now, and 7 0 0
You will receive $ one year from now, three years from now, and five years from now in real terms. 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 percent and the inflation rate is percent. What are your winnings worth today in real dollars? Can you please include excel formulas
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