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Business, 16.12.2020 16:40 juana18

A business is considering a cash outlay of $880,000 for the purchase of land, which it intends to lease for $200,000 per year. If alternative investments are available that yield a 15% return, the opportunity cost of the purchase of the land is:. a. $102,000.
b. $132,000.
c. $200,000.
d. $175,000.

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