Question: A payment stream, where the payment at time t is 1 + 0.3t, is received continuously between times 7 and 9. Calculate the present

A payment stream, where the payment at time t is 1 +

A payment stream, where the payment at time t is 1 + 0.3t, is received continuously between times 7 and 9. Calculate the present value of this payment stream at time 5 if force off interest at time t is given by: 8(t) = 0.002+0.01 +0.0004t 0.01 +0.003t 0.04 0 t < 6 6 t < 10 t 10

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