= = St Question 4: Consider the function N(kt+2) = ket), where sų = s(It+) = s(r(kt+2)). Differentiate the function N(kt
Posted: Thu Feb 17, 2022 11:06 am
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