Consider the widget investment problem outlined in Section 17 1 Show the following in a spreadsheet a Compute annual widget prices for the next 50 years b For each year, compute the net present value of investing in that year c Discount the net present value for each year back to the present Verify that investing when the widget price reaches $1 43 is optimal

Question: Consider the widget investment problem outlined in Section 17.1. Show the following in a spreadsheet. a. Compute annual widget prices for the next 50 years.

Consider the widget investment problem outlined in Section 17.1. Show the following in a spreadsheet.
a. Compute annual widget prices for the next 50 years.
b. For each year, compute the of investing in that year.
c. Discount the for each year back to the present. Verify that investing when the widget price reaches $1.43 is optimal.

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