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Assuming that 0 8. [4 marks] Assuming that 0 8. [4 marks] Assuming that O < i < 1, prove that (l + i) t
Assuming that 0 8. [4 marks] Assuming that 0 
8. [4 marks] Assuming that O < i < 1, prove that (l + i) t < 1 + it if O < t < 1 by graphing yl = (1 + and = 1 + it on the axis provided below. Explain the financial significance of this inequality.
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
