Question
Samantha has holdings of 250250 troy ounces of platinum, currently valued at $ 810$810 dollars per ounce. She estimates that the price of platinum will
Samantha has holdings of 250250 troy ounces of platinum, currently valued at $ 810$810 dollars per ounce. She estimates that the price of platinum will rise to $ 850.50$850.50 per ounce in the next year. If the interest rate is 1010%, should she sell the platinum today? A. Yes, as the difference between selling now and selling in one year is $ 10 comma 125$10,125 dollars today. B. Yes, as the difference between selling now and selling in one year is $ 8 comma 100$8,100 dollars today. C. Yes, as the difference between selling now and selling in one year is $ 9 comma 205$9,205 dollars today. D. No, as the difference between selling now and selling in one year is minus$ 7 comma 364$7,364 dollars today.
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Samantha has holdings of 250 troy ounces of platinum, currently valued at $810 dollars per ounce. She estimates that the price of platinum will rise to $850.50 per ounce in the next year. If the interest rate is 10%, should she sell the platinum today? O A. Yes, as the difference between selling now and selling in one year is $10,125 dollars today. OB. Yes, as the difference between selling now and selling in one year is $8,100 dollars today. OC. Yes, as the difference between selling now and selling in one year is $9,205 dollars today. O D. No, as the difference between selling now and selling in one year is - $7,364 dollars todayStep by Step Solution
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