Question: Given the following information, use two different methods to calculate the present value of a tonne of coal to be received one year from now:
Given the following information, use two different methods to calculate the present value of a tonne of coal to be received one year from now: money rate of interest: 8% per annum expected rate of general price inflation: 6% per annum expected rate of increase in the price of coal: 2% per annum current price of coal: $25 per tonne
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