Calculate the present value of the after tax net returns to land in the 7th year if thereal pre-tax net returns to land today are $100, real net returns to land are assumedto increase by 4% each year, inflation is 3%, the marginal tax rate is 30%, and thepretax risk adjusted discount rate is 10%.Group of answer choices
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Calculate the present value of the after tax net returns to land in the 7th year if thereal pre-tax...
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