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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Definitions:

Basal Body Temperature

The lowest body temperature attained during rest, often used to monitor ovulation and fertility.

Cervical Mucus

The fluid produced by the cervix, which changes in consistency and volume throughout the menstrual cycle, playing a role in fertility.

Breastfeeding

The process of feeding a baby with milk directly from the mother's breast, recommended for its nutritional and health benefits.