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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
The Laiterie de Coaticook in the Eastern Townships of Quebec produces several types of cheddar cheese. It markets this cheese in four varieties: aged months, months, months, and years. At the producer's store, kg of each variety sell for the following prices: $ $ comma $ and $ respectively. Consider the cheese maker's decision whether to continue to age a particularkg block of cheese. At months, he can either sell the cheese immediately or let it age further. If he sells it now, he will receive $ immediately. If he ages the cheese, he must give up the $ today to receive a higher amount in the future. What is the IRRexpressed in percent per month of the investment of giving up $ today by choosing to store kg of cheese that is currently months old and instead selling kg of this cheese when it has aged months, kg when it has aged months, and the remaining kg when it has aged years? Question content area bottom Part The IRR is enter your response here per month. Enter your response as a percent rounded to two decimal places.
The Laiterie de Coaticook in the Eastern Townships of Quebec produces several types of cheddar cheese. It markets this cheese in four varieties: aged months, months, months, and years. At the producer's store, kg of each variety sell for the following prices: $ $ comma $ and $ respectively. Consider the cheese maker's decision whether to continue to age a particularkg block of cheese. At months, he can either sell the cheese immediately or let it age further. If he sells it now, he will receive $ immediately. If he ages the cheese, he must give up the $ today to receive a higher amount in the future.
What is the IRRexpressed in percent per month of the investment of giving up $ today by choosing to store kg of cheese that is currently months old and instead selling kg of this cheese when it has aged months, kg when it has aged months, and the remaining kg when it has aged years?
Question content area bottom
Part
The IRR is
enter your response here per month. Enter your response as a percent rounded to two decimal places.
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