Bulletin – March Quarter 2017 Equation (A4)

r e = δ E t+1 P t +g = δ E t+1 P t +( 1δ ) E t B t E P +( 1δ )( E B E P ) MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@632C@