Use (9.15) and (9.17) to establish this argument formally. (9.15) (9.17) D = (1 + g)Dj-1 +
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(9.15)
(9.17)
Transcribed Image Text:
D = (1 + g)Dj-1 + €; 1+g S, =*(1 + g)*D, = I+8 D, k=1
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