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URGENT! Suppose 10-years govt. securities vielding 5 return. Next year's earning for market index are expected to be $ 135. What is the value of

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Suppose 10-years govt. securities vielding 5 return. Next year's earning for market index are expected to be $ 135. What is the value of the index, using Fed Model?? ANSWER FORMAT: 1234.25

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