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6) You own an asset. Each period it has a 17 percent chance of disappearing with no return to you. In the first period, if
6) You own an asset. Each period it has a 17 percent chance of disappearing with no return to you. In the first period, if the asset survives, you will be paid 9. In the second period, if the asset survives, you will be paid 12. In the third period, if the asset survives, you will be paid 14. In the fourth period, if the asset survives, you will be paid 22. After the fourth period the asset disappears. The interest rate between periods is 0 percent. How much is your asset worth today
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