The Laiterie de Coaticook in the Eastern. Townships of Quebec produces several types of cheddar cheese. It markets this cheese in four varieties: aged 2 months, 9 months, 15 months, and 2 years. At the producer's store, 2 kg of

each variety sell for the following prices: $8.00, $10.00, $11.50, and $12.50, respectively. Consider the cheese maker's decision whether to continue to age a particular 2-pound block of cheese. At 2 months, he can either sell the

cheese immediately or let it age further. If he sells it now, he will receive $8.00 immediately. If he ages the cheese, he must give up the $8.00 today to receive a higher amount in the future.

What is the IRR (expressed in percent per month) of the investment of giving up $80.00 today by choosing to store 20 kg of cheese that is currently 2 months old and instead selling 10 kg of this cheese when it has aged 9 months,

6 kg when it has aged 15 months, and the remaining 4 kg when it has aged 2 years?

The IRR is % per month. (Enter your response as a percent rounded to two decimal places.)

The Laterie de Coaticook in the Eastom Townships of Quebec producas several types of cheddas chose manot this choose in our valtios aged 2 months 9miths, 15 months and 2 years this producer's 2 kg of each variety sell for the following prices $8.00 $10.00 $11.60 and $12.50 respectively Consider the cheese makar's decis cheese immediately or let it aga father. If he sells it now, he will socohes $0.00 mediately If he ages the chose, he must c aparicur 2 pound tack of theres 2 mors het aber s to poceive a higher mouse in the hu What is the RR expressed is percent per month) of the investment of giving up 500.00 today by choosing to store 20 kg of chess Bat is comfy 2 sundhs old and anted seg 10 kg of is there when has aged moth 6 kg when it has aged 15 months, and the remaining 4 kg when it has aged 2 year? The IRR is per month (Enter your response as percent rounded to two decimal places) The Laterie de Coaticook in the Eastom Townships of Quebec producas several types of cheddas chose manot this choose in our valtios aged 2 months 9miths, 15 months and 2 years this producer's 2 kg of each variety sell for the following prices $8.00 $10.00 $11.60 and $12.50 respectively Consider the cheese makar's decis cheese immediately or let it aga father. If he sells it now, he will socohes $0.00 mediately If he ages the chose, he must c aparicur 2 pound tack of theres 2 mors het aber s to poceive a higher mouse in the hu What is the RR expressed is percent per month) of the investment of giving up 500.00 today by choosing to store 20 kg of chess Bat is comfy 2 sundhs old and anted seg 10 kg of is there when has aged moth 6 kg when it has aged 15 months, and the remaining 4 kg when it has aged 2 year? The IRR is per month (Enter your response as percent rounded to two decimal places)