Normally we charge $2.00 for this answer

Today, you can get it FOR FREE if you

g+1, Follow or Like, us

Show me how to post my homework

Just do my homework!

  • HTML tags will be transformed to conform to HTML standards.
  • Add rel="nofollow" to external links
Question
Submitted by jmcmpb on Sun, 2013-09-22 16:18
due date not specified
answered 1 time(s)
jmcmpb bought 1 out of 1 answered question(s)

4-22: Washington-Pacific invested $4 million to buy a tract of land and plant some young pine trees. The trees can be...

4-22:

Washington-Pacific invested $4 million to buy a tract of land and plant some young pine trees. The trees can be harvested in 10 years, at which time W-P plans to sell the forest at an expected price of $8 million. What is W-P’s expected rate of return?

Answer
Submitted by pavan1001 on Mon, 2013-09-23 10:47
teacher rated 46 times
4.369565
purchased 5 times
price: $2.00

100% CORRECT ANSWER

body preview (21 words)

SOLUTION :

xx

xxx expected return xx k.

So,

xx xx 8 xx at xxx = x / xxxxxxxx = the xxxxxxxxxx = 4 xx .

x> x = xx / xxxxxxxxx -1 x 0.071773 = 7.18% approx. xxxxxxxxx

 


Buy this answer