Question
If the current price of silver is $24.22 per ounce. The price of silver is expected to grow at 2 percent per year for the
If the current price of silver is $24.22 per ounce. The price of silver is expected to grow at 2 percent per year for the foreseeable future. If the appropriate discount rate is 8 percent, calculate the present value of silver after three years? Calculate the PV if it was gold instead of silver?
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
