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The effective interest rate is i per year. Mr. Aji has asset A which pays out i at the end of each year onwards. If

The effective interest rate is i per year. Mr. Aji has asset A which pays out i at the end of each year onwards. If Mr. Aji wants to sell asset A right after receiving the nth payment. Determine the selling price of asset A if the interest rate has changed to j.

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b. -- Smile 2 C. 2 d. Snij 1 e

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