Based on the information in Scenario 15.7, if you expect the price to

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.

ANSWER

C