Question: Show that sigma^2T_t = 1 C/(1 + r)^t + PAR/(1 + r)^2T = C/r + (PAR - C/r) (1 + r)^2T

Show that sigma^2T_t = 1 C/(1 + r)^t + PAR/(1 +

Show that sigma^2T_t = 1 C/(1 + r)^t + PAR/(1 + r)^2T = C/r + (PAR - C/r) (1 + r)^2T

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