Lara Technologies is considering a total cash outlay of $216,000 for the purchase of land, which it could lease for $36,300 per year. If alternative investments are available that yield a 15% return, the opportunity cost of the purchase of the land is:.
a. $35,000.
b. $30,000.
c. $250,000.
d. $4,200.
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Lara Technologies is considering a total cash outlay of $216,000 for the purchase of land, which it...
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