What should be done with the land for value of persent worth


your company owns a parcel of land in a currently undeveloped part of the country. the neighboring city grows eastward, you belive there is 50% chance of residential development, a 20% chance of industrial development, and a 30% chance of no devlopment of the area surrounding the parcel of land. If you have bulida roller rink and the land is devloped residentially the roller rink will have a persent worth of $2,000,000. A roller rink in industrial area will have a present worth of $20,000 and in an undevloped area a present cost $3,000,000. The comparable values for a gas staion are: residntial $250,000, industrial $200,000, and undevloped $10,000 (present worth, not cost). Based on expected monetary value of persent worth, what, if anything should be done with the land?

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Mechanical Engineering: What should be done with the land for value of persent worth
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