Business, 19.01.2021 03:20 handog12

There is a goose that lays golden eggs, one each year, arriving at the end of the year. Each egg weighs one pound. The price of gold is currently $1,247 per ounce (16 ounces in a pound), and this is your best guess for the price going forward. You expect the goose to live 10 years (thus laying 10 eggs). How much is this goose worth today if the discount rate is 8%

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There is a goose that lays golden eggs, one each year, arriving at the end of the year. Each egg wei...