In order to improve the stability of his farm income, a farmer in Eastern Wyoming is considering working with a wind energy developer to build turbines on his land. Each turbine will increase the...

Extracted text: In order to improve the stability of his farm income, a farmer in Eastern Wyoming is considering working with a wind energy developer to build turbines on his land. Each turbine will increase the farmer's net revenue by $3,500 annually. He wants to host 30 turbines. The risk-free pre-tax discount rate is 8% and there is a risk premium of 4%. Inflation is 1.5% and the marginal tax rate is 20%. What is the present value of after-tax net returns over 6 years? $379,433 $408,115 $388,554 $355,488 None of the answers are correct