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Assume a discount rate of 6 % . You are offered a deal that will pay you $ 1 0 0 / mo for 1

Assume a discount rate of 6%. You are offered a deal that will pay you $100/mo for 1 year. The counterparty, though, is not perfectly reliable. They have a 10% probability of ripping you off and not making the payments.
What's the most would you pay for the deal?

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