Your firm is in the business of supplying furniture wood and it owns a land with fine Oak trees. The value of Oakless the cost of harvesting is $50,000 today and this amount will grow by 10% in the next year and by 5% in the year after that when should your firm harvest the Oak, if the required rate of return is 8%? Multiple Choice today harvest 60% in year 1 and 40% in year 2 year 2 O year 1 harvest a third of the timber each year