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QUESTION
Calculate the book value of gold in the iron meteorite Lutetia based on the following information: Diameter = 115 km, density = 7.90 g/cm3,...
Calculate the book value of gold in the iron meteorite Lutetia based on the following information: Diameter = 115 km, density = 7.90 g/cm3, concentration of gold = 0.6 μg/g (ppm), price of gold = $12,405 per kg (Kargel, 1994).
