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A tourist, driving by a Texas ranch, hit and killed a calf that was crossing the road.
The driver went to the owner of the calf and explained what had happened.
He then asked what the animal was worth.

"Oh, about $200 today," said the rancher. "But in six years, it would have been worth $900.
So $900 is what I'm out."

The tourist sat down and wrote out a check and handed it to the farmer.
"Here, is the check for $900," he said. "It's postdated six years from now."
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The army LEASES its ranges to some cattlemen, who put animals on the land.
If an army person kills a cow, calf, steer, etc, out on the range, the army PAYS an exhorbitant amount to the rancher.

It's similar to the formula described, but errs on the high side.

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