There is a goose that lays golden eggs, one each year, arriving at the end of the year. Each egg weighs one pound. The price of gold is currently $1,247 per ounce (16 ounces in a pound), and this is your best guess for the price going forward. You expect the goose to live 10 years (thus laying 10 eggs). The discount rate is 8%. How much is this goose worth today? Assume the goose provides no additional value (e.g., companionship, food) and that expenses are negligible.

a- $41,409

b-

$44,227

c-

$92,765

d-

$101,236

e-

$133,880