Samantha Has Holdings of 250 Troy Ounces of Platinum,currently Valued

question 99

Multiple Choice

Samantha has holdings of 250 troy ounces of platinum,currently valued at $815 dollars per ounce.She estimates that the price of platinum will rise to $850 per ounce in the next year.If the interest rate is 8%,should she sell the platinum today?

• A)Yes,as the difference between selling now and selling in one year is $7550 dollars today.
• B)Yes,as the difference between selling now and selling in one year is $6991 dollars today.
• C)Yes,as the difference between selling now and selling in one year is $5513 dollars today.
• D)No,as the difference between selling now and selling in one year is -$6988 dollars today.

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