jimfrost at hctc.com
Tue Jan 27 22:55:35 EST 1998
I'm doing reprod valuations on Douglas-fir plantations. I use my growth
and yield tables to provide an estimated volume at the end of a determined
rotation, apply today's prices and move the amount back to present value.
If I plan on conducting a thinning along the way, what amount of volume
would I base the amount of projected income on. I have records that would
allow me to calculate a number from within my office but I'm looking for
published material. Are there tables that supply these volumes?
Should I even include this thinning?
What interest rate do I use to move it all back to present net value? I've
heard I should use average interest rates from the Federal Land Bank (about
10%) and I've heard interest rate from US Treasury Bonds. I'm assuming
this is quite lower but I haven't found anything that provides a concrete
average for bonds.
Any ideas are appreciated.
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