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Table 1 Annuities in € ha−1year−1and standard deviations of all rotation age cohorts

From: A non-stochastic portfolio model for optimizing the transformation of an even-aged forest stand to continuous cover forestry when information about return fluctuation is incomplete

Rotation age cohort (i) Average annual payment (annuity) Standard deviation
Norway spruce 30 (Sp30) 150 100
Norway spruce 40 (Sp40) 313 138
Norway spruce 50 (Sp50) 390 161
Norway spruce 60 (Sp60) 397 168
Norway spruce 70 (Sp70) 380 167
Norway spruce 80 (Sp80) 351 160
Norway spruce 90 (Sp90) 312 147
Norway spruce 100 (Sp100) 281 137
European beech 40 (Be40) −145 7
European beech 50 (Be50) −62 18
European beech 60 (Be60) −11 25
European beech 70 (Be70) 21 30
European beech 80 (Be80) 36 32
European beech 90 (Be90) 47 34
European beech 100 (Be100) 49 34
European beech 110 (Be110) 46 33
European beech 120 (Be120) 45 33