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Business, 11.12.2019 03:31 kparker7543

Your company plans to spend $2,350,000 in cash to build a plant that will produce benefits with a total present value of $4,575,000. your company already owns the land on which it will build the plant. that land was purchased with cash several years ago for $900,000, which is the current book value of the land. the land could be sold for $2,025,000 after-tax today. what is the net present value of the proposed plant?

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