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Expected income from Project 1: E(y1)=22685i Expected income from Project 2:E(y2) =19465i Expected profit from the loan to support Project 1: E(pi1)=25+85i Expected profit from

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Expected income from Project 1: E(y1)=22685i Expected income from Project 2:E(y2) =19465i Expected profit from the loan to support Project 1: E(pi1)=25+85i Expected profit from the loan to sumbort Proiect 2:E(ni2)=4.5+65i Under asymmetric information \& perfect competition, what interest rate i would be charged in equilibrium? Note: Round your final answer to two decimal places

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