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the mature price of gold is $600 per ounce. the price of gold is expected to grow at 5% per year for the next 4
the mature price of gold is $600 per ounce. the price of gold is expected to grow at 5% per year for the next 4 years. the appropriate discount rate is 8%.
a. what is the PV of one ounce of gold produced in 2 years
b. explain why
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