Multiple Choice
The current price of silver is $32.00 per ounce.The effective lease rate and risk free rate are 3.0% and 4.0%,respectively.If the cost to mine one ounce of silver is a constant $25.00,what is the trigger price per ounce at which the silver will be mined?
A) $33.17
B) $35.17
C) $37.17
D) $39.17
Correct Answer:
Verified
Correct Answer:
Verified
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