Can someone please help me solve problem one and show me the work on how you did it. Im really confused.
NRM 4013 NATURAL RESOURCE ECONOMICS FALL 2018 HOMEWORK ASSIGNMENT 02: DUE IS SEPTEMBER 2018 AT 9:40 AM PROBLEM ONE: 35 POINTS er is engaged in a wildlife habitat improvement plan that also includes some early food plots to attract wildlife, followed by commercial timber harvests that alter composition and structure to create openings, vertical diversity, and increase producing trees. The cash flows for the project are gi money in other projects and gain 12% return on those alternative investments. hard-mast ven below. The landowner can invest Activity Mark harvest for openings Establish food plots Cash Flow ($2,000) ($10,000) $1,400 Project Year S-89 1045S- Revenue from hunting lease Property taxes Harvest timber in openings Removal of invasive and exotic plants Timber stand improvement thinning to improve species composition Timber stand improvement- thinning to improve species composition 1-20 3475 -45 39 38LH ($465) $8,000 1-20 ($8,000) 10 $12,000 $20,000 2073 20 NPV-3143 Determine NPV for the project using cost of capital of 12% Determine the BC ratio for the project using a discount rate of 12% What is the IRR of the project the nearest whole percent? 3,143 a. b. c. NRM 4013 NATURAL RESOURCE ECONOMICS FALL 2018 HOMEWORK ASSIGNMENT 02: DUE IS SEPTEMBER 2018 AT 9:40 AM PROBLEM ONE: 35 POINTS er is engaged in a wildlife habitat improvement plan that also includes some early food plots to attract wildlife, followed by commercial timber harvests that alter composition and structure to create openings, vertical diversity, and increase producing trees. The cash flows for the project are gi money in other projects and gain 12% return on those alternative investments. hard-mast ven below. The landowner can invest Activity Mark harvest for openings Establish food plots Cash Flow ($2,000) ($10,000) $1,400 Project Year S-89 1045S- Revenue from hunting lease Property taxes Harvest timber in openings Removal of invasive and exotic plants Timber stand improvement thinning to improve species composition Timber stand improvement- thinning to improve species composition 1-20 3475 -45 39 38LH ($465) $8,000 1-20 ($8,000) 10 $12,000 $20,000 2073 20 NPV-3143 Determine NPV for the project using cost of capital of 12% Determine the BC ratio for the project using a discount rate of 12% What is the IRR of the project the nearest whole percent? 3,143 a. b. c
