Imagine yourself as a manager of a forest products company that supplies timber to the market. The company has recently

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Imagine yourself as a manager of a forest products company that
supplies timber to the market. The company has recently planted
(time, T=0) a fast-growing species of blue gum (Eucalyptus
globulus) on its land which will mature in some future years.
The company’s aim is to maximise the net present value of the
profit from blue gum plantation. The merchantable volume of timber
depends on time as given by V = v(1-e^kt)^m (^ = to the power
of) where V and t are
volume and age of stand in years,
and v, kand m are
the parameters with
values v=350, k=0.09, and
m=3. Further, assume that the net price of timber is
$40/m3, planting cost is $800/ha, and discount rate is
6%. Using the information provided above, find the solutions to the
following questions. Use excel to find the solutions where
relevant.