larryc at teleport.com
Tue Dec 2 18:47:33 EST 1997
In article <19971202014900.UAA27942 at ladder01.news.aol.com>,
jostnix at aol.com (Jostnix) wrote:
> LEV takes in site quality, costs, prices, rotation age, interest rate and
> formulates an optimum price you can pay to make an expected rate of return. I
> got the formula if your interested...
You bet. I'd be interested to see how it compares with what I have invented
on my own. I haven't refined it down to a formula yet. Instead what I do
is calculate estimated capital costs (principle + interest) at the proposed
harvest date. As long as the trees are growing faster than your capital
costs you leave 'em alone.
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