What will you pay today for the tree if your alternative


You are offered a tree? (a giant Sitka? spruce) that will grow to its optimum size in 14 years, at which time its lumber will be worth $12,000

What will you pay today for the tree if your alternative investments can generate a return of 4.5%?

What will you pay today for the tree?

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Financial Management: What will you pay today for the tree if your alternative
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