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QUESTION 12 If the 1.year discount factor is 0.88, the interest rate must be equal to example, if the answer is 5%, enter 0.05 as

QUESTION 12 "If the 1.year discount factor is 0.88, the interest rate must be equal to example, if the answer is 5%, enter 0.05 as an answer." Note: Express your answers in strictly numerical terms. For

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