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Full-Text Articles in Life Sciences
Financial Maturity Of Timber And Maximum Net Present Values, Steven H. Bullard
Financial Maturity Of Timber And Maximum Net Present Values, Steven H. Bullard
Faculty Publications
Simple financial maturity guidelines recommend harvesting timber when its rate of value growth becomes less than or equal to the highest rate that can be earned in other investments of equal risk. Several authors have shown that fin ancial maturity guides are consistent with maximizing economic c riteria such as net present va lue , but their results are sometimes accepted by fore sters and land managers without being fully understood. In this article , financial maturity guides are derived in a way that is easily understood, simply by maximizing the present value of all future net income.
Publication List Economics Department: January 1980 - May 1985, Department Of Economics
Publication List Economics Department: January 1980 - May 1985, Department Of Economics
Economics Pamphlet Series
The publications listed herein were prepared during January 1980 - May 1985 by the faculty and graduate students in the Economics Department at South Dakota State University in the course of their research, extension, and teaching duties. The publications are arranged by the basic areas of concentration in the department: agricultural marketing, farm and ranch management, energy and water resource development, and rural development and public affairs.