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Topic: CSE 291 Assignment 1, 2005
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Charles ElkanPerson was signed in when posted  36
01-17-2005 11:54 AM ET (US)
/m34 answer: See /m24.

Most real-world problems do not have short algebraic solutions. The skill one develops with practice is how to make simplifications that enable one to obtain qualitative insights (and numerical solutions), while preserving the essence of the problem.

Here, you can simplify the scenario even further by assuming that the return from cash is zero. This does not change the problem qualitatively.
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