1.Express d4 as a funtion of i3(4 and 3 are superscripts)(3 marks)
2.David can recieve one of the following payment streams
(i)150 at time 0,300 at time n,and 450 at time 2n.
(ii)900 at time 10.
At an annual effective interst rate i,the present value of the two streams ARE EQUAL given V raise to n=0.76.Determine i.(5 marks)
3.state features of eurobond.(2marks)
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