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3.: Consider the following table, which depicts (i) the years (t=1,2,3), (ii) the risk-free cashflows that you will receive in every year t (denoted by
3.: Consider the following table, which depicts (i) the years (t=1,2,3), (ii) the risk-free cashflows that you will receive in every year t (denoted by Xt ), and (iii) today's prices for receiving $1 in t years from now (denoted by Pt). a. What is the present value of this plan of payments a. b. What aO the implied interest rates in each period 3.: Consider the following table, which depicts (i) the years (t=1,2,3), (ii) the risk-free cashflows that you will receive in every year t (denoted by Xt ), and (iii) today's prices for receiving $1 in t years from now (denoted by Pt). a. What is the present value of this plan of payments a. b. What aO the implied interest rates in each period
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