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An economy contains two risky assets. Asset X will pay off 1 in one year if the FTSE - 1 0 0 rises over the
An economy contains two risky assets. Asset X will pay off in one year if the FTSE rises over the next year and zero otherwise. Asset Y will pay nothing in one year if the FTSE has risen over the year and otherwise. The price of asset X is and the price of asset Y is $ the riskfree interest rate in this economy is closest to
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