Question: Please provide a worked out answer for questions 5 - 7 but using the expression C 1 = Y 1 ( 1 + r )
Please provide a worked out answer for questions but using the expression CYrYBr as opposed to C YrYr; this is because i need to calculate the answer as though the preference equation is lnC BlnC as opposed to lnClnC; then assume B when it is time to plug in numbers
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