Assel grows mulberry trees.The lumber yard purchases cut trees from you.The trees grow 1 foot per year.Assuming a constant real price per foot for mulberry,at what interest rate would Assel be willing to sell a 10-foot tree today?

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The Answer of Assel grows mulberry trees.The lumber yard purchases cut trees from you.The trees grow 1 foot per year.Assuming a constant real price per foot for mulberry,at what interest rate would Assel be willing to sell a 10-foot tree today?

Assel Grows Mulberry Trees