Exercise 23.2.4 (1) Prove Theorem 23.2.2 for two-period zero-coupon bonds. (2) Prove Theorem 23.2.2 in its full

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Exercise 23.2.4 (1) Prove Theorem 23.2.2 for two-period zero-coupon bonds.

(2) Prove Theorem 23.2.2 in its full generality.

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