The current price per cord of lumber is $26.00.The effective annual lease rate is 2.0% and the risk free rate is 4.0%.The cost to harvest one cord is $20.00 and constant.What is the trigger price at which we will harvest the lumber?
A) $27.61
B) $31.61
C) $35.61
D) $39.61

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The Answer of The current price per cord of lumber is $26.00.The effective annual lease rate is 2.0% and the risk free rate is 4.0%.The cost to harvest one cord is $20.00 and constant.What is the trigger price at which we will harvest the lumber?
A) $27.61
B) $31.61
C) $35.61
D) $39.61

The Current Price Per Cord of Lumber Is $26