= = St Question 4: Consider the function N(kt+2) = ket), where sų = s(It+) = s(r(kt+2)). Differentiate the function N(kt
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= = St Question 4: Consider the function N(kt+2) = ket), where sų = s(It+) = s(r(kt+2)). Differentiate the function N(kt
Question 4: Consider the function N(kt+2) = ket), where sų = s(It+) = s(r(kt+2)). Differentiate the function N(kt+1) with respect with kt+1, and express the result using dlog(st) and dlog(1+rt+1) [20 Marks] dlog(1+rt+1) dlog(kt+1)
= = St