Question: In class, we have discussed the formula: (1+2): ((113) x (1+'i+a:)) +(p> 0). How would you change the formula in this case? What should be


In class, we have discussed the formula: (1+2): ((113) x (1+'i+a:)) +(p> 0). How would you change the formula in this case? What should be the relationship between '7' and the borrowing rate (i.e. which one is larger, smaller), why
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