8. The Wangers Ltd has kegged one of its special wines costing $150,000. Its value is expected...
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8. The Wangers Ltd has kegged one of its special wines costing $150,000. Its value is expected to increase over time in the following manner: A 200,000 In t. The firm's cost of capital is 13. per cent. Determine the optimum time of bottling. for the wine. Assume continuous compounding.
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