A parcel of land has been reseeded recently with the goal of maximizing the net present...

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A parcel of land has been reseeded recently with the goal of maximizing the net present value. After the single stand is cut, the land will be converted to another use. If the volume of the merchantable timber is given as Q(T), the price of timber as p, and the market interest rate as 8; show that the profit will be maximized at the point where = 8. (10 Marks) Q(7) A parcel of land has been reseeded recently with the goal of maximizing the net present value. After the single stand is cut, the land will be converted to another use. If the volume of the merchantable timber is given as Q(T), the price of timber as p, and the market interest rate as 8; show that the profit will be maximized at the point where = 8. (10 Marks) Q(7)