Samantha has holdings of 250 troy ounces of platinum, currently valued at $820 dollars per ounce. She estimates that the price of platinum will rise to $844.60 per ounce in the next year. If the interest rate is 6%, should she sell the platinum today? OA. Yes, as the difference between selling now and selling in one year is $5,802 dollars today. OB. Yes, as the difference between selling now and selling in one year is $4,920 dollars today. O C. Yes, as the difference between selling now and selling in one year is $6,150 dollars today. O D. No, as the difference between selling now and selling in one year is $4,642 dollars today.
Samantha has holdings of 250 troy ounces of platinum, currently valued at $820 dollars per ounce. She estimates that the price of platinum will rise to $844.60 per ounce in the next year. If the interest rate is 6%, should she sell the platinum today? OA. Yes, as the difference between selling now and selling in one year is $5,802 dollars today. OB. Yes, as the difference between selling now and selling in one year is $4,920 dollars today. O C. Yes, as the difference between selling now and selling in one year is $6,150 dollars today. O D. No, as the difference between selling now and selling in one year is $4,642 dollars today.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Samantha has holdings of 250 troy ounces of platinum, currently valued at $820 dollars per ounce. She estimates
that the price of platinum will rise to $844.60 per ounce in the next year. If the interest rate is 6%, should she sell the
platinum today?
O A. Yes, as the difference between selling now and selling in one year is $5,802 dollars today.
B. Yes, as the difference between selling now and selling in one year is $4,920 dollars today.
C. Yes, as the difference between selling now and selling in one year is $6,150 dollars today.
D. No, as the difference between selling now and selling in one year is - $4,642 dollars today.
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