Question
Decide that You will sell some amount of gold which costed 650TL per gram for you. According to your economic analysis you find that
Decide that You will sell some amount of gold which costed 650TL per gram for you. According to your economic analysis you find that the best time to sell it would be the time when its market price reaches 1200TL. If you also find that the gold price to increase 11% per year, how long do you expect to wait before selling your worth? (30p)
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
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