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Satsume Satsume
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6 years ago
Based on the information in Scenario 15.7, if you expect the price to be $21 next year, you should
A) keep the wine in barrels until next year no matter what the interest rate.
B) keep the wine if interest rates are above 5%.
C) keep the wine if interest rates are below 5%.
D) sell the wine now.
E) do nothing until you know what the interest rate is going to be for the following year.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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oracledarrenoracledarren
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#1
Posts: 455
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6 years ago
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Satsume Author
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6 years ago
Brilliant ツ
ethom947
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This site is awesome
aricketts6@
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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