BU.232.630.W4.SP25 Quiz 2

Consider an investor who lives 2 periods ( 𝑡 and 𝑡 + 1 ). She has income 𝑒 𝑡 in the first period and 𝑒 𝑡 + 1 in the second period. The investor buys 𝜃 shares of an asset at price 𝑝...