Question: You are logging a forest. The trees sold are expected to provide you with $100,000 at the end of each of the next 12 years,

You are logging a forest. The trees sold are expected to provide you with $100,000 at the end of each of the next 12 years, and $50,000 at the end of each of the subsequent 9 years. Also, you will have to spend $60,000 21 years from today on saplings to replant. You want a 19% rate of return on this investment. What is its present value today?

Please show finance formula how to get the answer.

A) $500,145.86

B) $495,335.12

C) $481,778.27

D) $485,309.18

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