Question: please show each step to get the answer. 1 Below, there is printout information from FORVAL Online. The analysis was conducted on per acre basis
please show each step to get the answer.1 Below, there is printout information from FORVAL Online. The analysis was conducted on per acre basis for a pine plantation managed on a 35-year rotation. Calculate the maximum per acre amount that a landowner can pay to purchase a bare land that will be used for timber production according to the management plan prepared for this pine plantation in perpetuity? Include appropriate units in your answer. Answer format: provide first the numeric value and then the appropriate unit. Do not include any spaces between the numeric value and the unit. Rate of Return = 5.83% Net Present Value = $96.17 Equivalent Annual Income = $5.87 Benefit / Cost Ratio = 1.20 Interest Rate = 5.00% ered swer 117.47 margin of error +/- 1 1 Below, there is printout information from FORVAL Online. The analysis was conducted on per acre basis for a pine plantation managed on a 35-year rotation. Calculate the maximum per acre amount that a landowner can pay to purchase a bare land that will be used for timber production according to the management plan prepared for this pine plantation in perpetuity? Include appropriate units in your answer. Answer format: provide first the numeric value and then the appropriate unit. Do not include any spaces between the numeric value and the unit. Rate of Return = 5.83% Net Present Value = $96.17 Equivalent Annual Income = $5.87 Benefit / Cost Ratio = 1.20 Interest Rate = 5.00% ered swer 117.47 margin of error +/- 1
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