Question
State 1State 2State 3State 4State 5Probability20%20%20%20%20%Spot rate ($/)1.61.51.41.31.2P*()12001400160018002000P ($) $1920 $2100$2240$2340$2400
State 1State 2State 3State 4State 5Probability20%20%20%20%20%Spot rate ($/)1.61.51.41.31.2P*()12001400160018002000P ($)
$1920
$2100$2240$2340$2400
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Finite Mathematics and Its Applications
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
12th edition
978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632
