You plant now at a cost of 1000 and harvest in 85 years for


You plant now at a cost of $1000 and harvest in 85 years for $100,000. This project will generate annual wildlife benefits of $80 starting immediately and they will continue through year 20. In year 20, a pre-commercial thinning is done at a cost of $500. Using a 4% discount rate, what is the site value?

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Financial Management: You plant now at a cost of 1000 and harvest in 85 years for
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