Decide that You will sell some amount of gold which costed 650TL per gram for you....
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Decide that You will sell some amount of gold which costed 650TL per gram for you. According to your economic analysis you find that the best time to sell it would be the time when its market price reaches 1200TL. If you also find that the gold price to increase 11% per year, how long do you expect to wait before selling your worth? (30p) Decide that You will sell some amount of gold which costed 650TL per gram for you. According to your economic analysis you find that the best time to sell it would be the time when its market price reaches 1200TL. If you also find that the gold price to increase 11% per year, how long do you expect to wait before selling your worth? (30p)
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Step 12 present value pv 650TL Future value fv 1200TL Interes... View the full answer
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