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I Suppose our pure discount rate, p, is 3%; projected economic growth is 2% per year. a. How much do we discount income per year?

I Suppose our pure discount rate, p, is 3%; projected economic growth is 2% per year. a. How much do we discount income per year? b. It'we were to assess a. loss of income of $10 in 11]] years, how much should we pay to avoid it today

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