Suppose that net returns are 700 per acre and expected


Suppose that net returns are $700 per acre and expected rates of return are 15%, then the estimated land value per acre is:

a. $4,561.67

b. $3,371.67

c. $4,666.67

d. $3,966.67

e. None of these answers are correct

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Business Economics: Suppose that net returns are 700 per acre and expected
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