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A forest currently supports a 20-year-old crop that would yield $3,750 per acre if harvested in 10 years from now, and a similar amount, net
A forest currently supports a 20-year-old crop that would yield $3,750 per acre if harvested in 10 years from now, and a similar amount, net of all cost every 30 years thereafter. If the forest owners interest rate is 5%, what is the current per-acre value of the forest and land (hint: there are two parts in the questions)? A) $1,128.87 B) $693.03 C) $2,302.17 D) $864.20 E) None of the above
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