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Business, 22.01.2020 22:31 2019johnfranken

Chicago investors, inc. is interested in preserving a certified historic structure in downtown chicago in 2019. the building will cost $2,000,000, and the renovations to rehabilitate the building will cost $2,500,000. assuming a 5% discount rate that has a factor of 3.546, what is the after-tax cost after claiming the rehabilitation credit available to chicago investors, inc.? a. $4,045,400
b. $3,600,000
c. $3,931,750
d. $4,500,000

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