Question: in two years at Consider a case in which there are two bonds. The one year bond promises a payment of 10 apples in a
in two years at Consider a case in which there are two bonds. The one year bond promises a payment of 10 apples in a year. The two yew hond promises a payment of apple in one per ind i ples In the market the one-year bond costs 9 apples and the two year bond costs 10 apples The inverse of the payments matris in) - (0.1 -0.01 0.1) A daim to 1 apple in year 2 has value 0 Select one O 0.90 03 094
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