PROBLEM 11.2 At a cash outlay of 6,00,000, al company has kegged its recently found fine wine.
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PROBLEM 11.2 At a cash outlay of 6,00,000, al company has kegged its recently found fine wine. Now it expects the value of wine to grow as: A, 29,00,000 Int. If the company has an opportunity cost of capital of 18 per cent, determine the optimum time of bottling for the wine. Assume continuous compounding.
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