The land expectation value calculated in timberland valuation

Appraisers often use discounted cash flow (DCF) techniques to value timber and timberland. Land expectation value (LEV) is a standard DCF technique applied to many timberland situations. LEV calculates the value of bare land in perpetual timber production and is often used to value evenaged pine plantations. However, it is also useful in the valuation of immature timber stands and uneven-aged timber stands cut periodically. These models have wide applicability in timberland appraisal situations

FORVAL: A computer program for FORest VALuation

FORVAL (FORest VALuation) is a computer program for cash-flow analysis of forestry investments. The FORTRAN 77 program is available from the MAFES Forestry Department for Data General computers using the Advanced Operating System with Virtual Storage, and for IBM-compatible personal computers (send letter of request and 51!.-inch diskette to P.O. Drawer FR, Mississippi State, MS 39762)

Possible Signatures of a Cold-Flow Disk from MUSE using a z=1 galaxy--quasar pair towards SDSSJ1422-0001

We use a background quasar to detect the presence of circum-galactic gas around a $z=0.91$ low-mass star forming galaxy. Data from the new Multi Unit Spectroscopic Explorer (MUSE) on the VLT show that the host galaxy has a dust-corrected star-formation rate (SFR) of 4.7$\pm$0.2 Msun/yr, with no companion down to 0.22 Msun/yr (5 $\sigma$) within 240 kpc (30"). Using a high-resolution spectrum (UVES) of the background quasar, which is fortuitously aligned with the galaxy major axis (with an azimuth angle $\alpha$ of only $15^\circ$), we find, in the gas kinematics traced by low-ionization lines, distinct signatures consistent with those expected for a "cold flow disk" extending at least 12 kpc ($3\times R_{1/2}$). We estimate the mass accretion rate $\dot M_{\rm in}$ to be at least two to three times larger than the SFR, using the geometric constraints from the IFU data and the HI column density of $\log N_{\rm HI} \simeq 20.4$ obtained from a {\it HST}/COS NUV spectrum. From a detailed analysis of the low-ionization lines (e.g. ZnII, CrII, TiII, MnII, SiII), the accreting material appears to be enriched to about 0.4 $Z_\odot$ (albeit with large uncertainties: $\log Z/Z_\odot=-0.4~\pm~0.4$), which is comparable to the galaxy metallicity ($12+\log \rm O/H=8.7\pm0.2$), implying a large recycling fraction from past outflows. Blue-shifted MgII and FeII absorptions in the galaxy spectrum from the MUSE data reveal the presence of an outflow. The MgII and FeII doublet ratios indicate emission infilling due to scattering processes, but the MUSE data do not show any signs of fluorescent FeII* emission.Comment: 17 pages, 11 figures, in press (ApJ), minor edits after the proofs. Data available at http://muse-vlt.eu/science/j1422

Asteroseismology and interferometry of the red giant star epsilon Oph

The GIII red giant star epsilon Oph has been found to exhibit several modes of oscillation by the MOST mission. We interpret the observed frequencies of oscillation in terms of theoretical radial p-mode frequencies of stellar models. Evolutionary models of this star, in both shell H-burning and core He-burning phases of evolution, are constructed using as constraints a combination of measurements from classical ground-based observations (for luminosity, temperature, and chemical composition) and seismic observations from MOST. Radial frequencies of models in either evolutionary phase can reproduce the observed frequency spectrum of epsilon Oph almost equally well. The best-fit models indicate a mass in the range of 1.85 +/- 0.05 Msun with radius of 10.55 +/- 0.15 Rsun. We also obtain an independent estimate of the radius of epsilon Oph using high accuracy interferometric observations in the infrared K' band, using the CHARA/FLUOR instrument. The measured limb darkened disk angular diameter of epsilon Oph is 2.961 +/- 0.007 mas. Together with the Hipparcos parallax, this translates into a photospheric radius of 10.39 +/- 0.07 Rsun. The radius obtained from the asteroseismic analysis matches the interferometric value quite closely even though the radius was not constrained during the modelling.Comment: 11 pages, accepted for publication in Astronomy & Astrophysic

Prospects for asteroseismology

The observational basis for asteroseismology is being dramatically strengthened, through more than two years of data from the CoRoT satellite, the flood of data coming from the Kepler mission and, in the slightly longer term, from dedicated ground-based facilities. Our ability to utilize these data depends on further development of techniques for basic data analysis, as well as on an improved understanding of the relation between the observed frequencies and the underlying properties of the stars. Also, stellar modelling must be further developed, to match the increasing diagnostic potential of the data. Here we discuss some aspects of data interpretation and modelling, focussing on the important case of stars with solar-like oscillations.Comment: Proc. HELAS Workshop on 'Synergies between solar and stellar modelling', eds M. Marconi, D. Cardini & M. P. Di Mauro, Astrophys. Space Sci., in the press Revision: correcting abscissa labels on Figs 1 and