Question: Problem 5 (9 points) Note: In this problem, you are going to explore some techniques in evaluating effective interest rate in an investment fund. We

Problem 5 (9 points) "Note: In this problem, you

Problem 5 (9 points) "Note: In this problem, you are going to explore some techniques in evaluating effective interest rate in an investment fund. We let a(t) (where t0 ) be accumulation function of an investment fund launched at time 0 . Questions (a) (3 points) We let i[t1,t2] be the effective interest rate of the investment fund, where t1

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