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pls i need them asap 6. Brett has almond orchards, but he is sick of almonds and prefers to eat walnuts instead. The owner of
pls i need them asap
6. Brett has almond orchards, but he is sick of almonds and prefers to eat walnuts instead. The owner of the walnut orchard next door has offered to swap this year's crop with him in an even exchange. Assume he produces 1,023 tonnes of almonds and his neighbour produces 757 tonnes of walnuts. If the market price of almonds is $103 per tonne and the market price of walnuts is $118 per tonne: a. Should he make the exchange? b. Does it matter whether he prefers almonds or walnuts? Why or why not? a. Should he make the exchange? The market value of the almond crop is $ (Round to the nearest dollar.) (Round to the nearest dollar.) The market value of the walnut crop is $ (Select from the drop-down menu.) So, should he make the exchange? (1) b. Does it matter whether he prefers almonds or walnuts? Why or why not? No. His preference is irrelevant to the value of the crops. Is the above statement true or false? (2) (Select from the drop-down menu.) (1) (2) True. No. Yes. False. 9. Suppose the interest rate is 4.2%. a. Having $400 today is equivalent to having what amount in one year? b. Having $400 in one year is equivalent to having what amount today? c. Which would you prefer, $400 today or $400 in one year? Does your answer depend on when you need the money? Why or why not? a. Having $400 today is equivalent to having what amount in one year? It is equivalent to (Round to the nearest cent.) b. Having $400 in one year is equivalent to having what amount today? It is equivalent to (Round to the nearest cent.) c. Which would you prefer, $400 today or $400 in one year? Does your answer depend on when you need the money? Why or why not? "Because money foday is worth more than money in the future, $400 today is preferred to $400 in one year. This answer is correct even if you don't need the money today, because by investing the $400 you receive today at the current interest rate, you will have more than $400 in one year." Is the above statement true or false? (1) (Select from the drop-down menu.) (1) True False Step by Step Solution
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