Home / Questions / Compute annual widget prices for the next 50 years. b. For each year, compute the net
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.
Nov 23 2019 View more View Less
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