Question
West Fraser Timber invested $12.5 million to buy a tract of land and plant some young trees. The trees can be harvested in ten years,
West Fraser Timber invested $12.5 million to buy a tract of land and plant some young trees. The trees can be harvested in ten years, at which time West Fraser Timber plans to sell the forest at an expected value of $25 million.
What is West Fraser Timber expected rate of return?
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Managing Finance
Authors: CMI Books
1st Edition
1781252181, 978-1781252185
