A New Approach on the Estimation of Fair Value of Future Return from Present Income Vis-A-Vis Discounting Factor of Acquired Standing Trees

摘要

"How valuable is my acquired standing tree"? is a question that is asked by every grower. Estimation of fair value of standing trees requires consideration of variations in heterogeneity in soil, sigmoidal tree growth, sigmoidal yield response, tree size, varieties, planting site, seasonal environment, biomass and timber produced, useful life estimates, market demand, supply, bank rates and inflation etc. It is generally accepted that the rate of bole growth, accumulation of biomass and yield declineas trees age.