9. You have a tract of land on which trees can be grown. The initial cost of
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9. You have a tract of land on which trees can be grown. The initial cost of planting the trees ist *80,000. The net revenue realisable from the harvesting of trees would be as follows: A, = 80,000(1+1) The opportunity cost of capital is 10 per cent. What is optimum time for harvesting the trees? Assume continuous compounding.
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