Mathematics, 20.08.2019 03:30 IDONTHAVEABRAIN
Afarmer is considering the purchase of additional farmland. given the present value of after-tax net return of $28.08, a marginal tax rate of 22%, a terminal value of $816.17, and an after-tax discount rate of 3.88%. this farmer is planning on selling the land in 18 years. what is the maximum price this farmer should be willing to pay for an acre of land?
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Afarmer is considering the purchase of additional farmland. given the present value of after-tax net...
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