Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you are selling fish and you think the price will

you are selling fish and you think the price will go up 3,5% next 10...

70.2K

Verified Solution

Question

Finance

you are selling fish and you think the price will go up 3,5% next 10 years. Last year it was 15% lower than expected but you had a future one year price which was 504 USD per pound and this deal had 10% interest rate so the price is actully 458 USD per pound. What is the PV of the fish?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

recommendation on assessment in higher education

Basic Math
1.2K views

In August 2003, 56% of employed adults in the United States reported that basic mathematical skills...

Accounting
1.2K views

Brown Company makes copper fire pits. Each job is unique in size and design. Brown has...

Biology
1.2K views

Examine the energy pyramid below Tertiary Consumers Ex Coyotes Secondary Consumers Ex Snakes and Hawks...

Physics
1.2K views

A stationary bomb explodes into two parts of masses 3 k and 1 kg The...

Physics
1.2K views

A large number of small beads of unit mass each are strung at equal unit...

Statistics
1.2K views

The distribution of IQ Intelligence Quotient is approximately normal in shape with a mean of...

Calculus
1.2K views

flect Back 2 points In each row of the following table you are given some...

Calculus
1.2K views

98 Answer the questions below about the function whose derivative is f x 2 2...

Algebra
1.2K views

Determine which quadratic equation has tw non real solutions A 2x 12x 18 0 B...

Accounting
1.2K views

19.4 Factory Overhead Rates, Entries, and Account Balance Montenegro Metal...

Finance
1.2K views

Sample size . Discuss 10 Sample procedures or or methods for calculating or point 2...