苹果树的评估（Evaluation of apple trees）.docVIP

苹果树的评估（Evaluation of apple trees） The valuation of an apple tree There was a wise old man who had a wonderful apple tree, which, with little care, could produce a whole bunch of apples every year, bringing in $100 a year for the elderly. The old man was getting old, he is going to retire to enjoy life, so he decided to sell this tree. The old man was very experienced, and he ran an ad in the Wall Street journals business opportunity, saying he sold the tree to the person who offered the best price. The first person to respond to an advertisement would be willing to pay $50. He said the cut of the apple tree could only be sold for $50, so he thought the tree was worth only $50. The old man was angry. He criticized the man and said, do you know what you are saying? Your bid is only the clearing value of the tree. For a pine tree or the tree can no longer produce apples, apple trees or timber prices reached a fairly high level that it uses as apple production is not worth the price when the burning material, you may be right. But obviously you dont understand that, so you dont see my apple tree worth more than $50. Second buyers to visit the elderly bid $100. She said, the price is exactly what you can sell after the apple is ripe this year.. You know better about this tree than the first one, replied the old man. At least you can see that this tree is more valuable for making apples than for burning wood.. But 100 dollars is not a good price either. You do not consider the value of apples produced next year, year after year, and year after year. So, take your 100 dollars and go! The third buyer is a young man who has just graduated from a business school. Im going to sell apples online, he said. I calculated that the tree could produce at least 15 years worth of apples. If it sells for $100 a year, the total will be $15 in 1500 years. So I would like to pay 1500 dollars for your apple tree. The old man felt very sad and said, obviously, the $100 you earn every year fo