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Suppose Johnny Stroller sells 12, 25, and 75 year-old scotch in under black, red...
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Suppose Johnny Stroller sells 12, 25, and 75 year-old scotch in under black, red, and blue labels. Suppose the storage costs are zero and the initial production costs are the same. What is the implied (approximate) interest rate if black sells for $18, red for $34 and blue for $388.
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