Business, 10.08.2021 05:10 hadilalhjajih

Lara Technologies is considering a cash outlay of $229,000 for the purchase of land, which it could lease out for $39,040 per year. If alternative investments that yield a 16% return are available, the opportunity cost of the purchase of the land is: a. $2,400
b. $75,680
c. $39,040
d. $36,640

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Lara Technologies is considering a cash outlay of $229,000 for the purchase of land, which it could...

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