You have the opportunity to buy the right to park in a given parking place for 75

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You have the opportunity to buy the right to park in a given parking place for 75 years at a price of €30,000. You could also rent a parking place for €2,000 a year, revised upwards by 2% every year. If the opportunity cost is 5%, which would you choose?

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Corporate Finance Theory And Practice

ISBN: 9781119841623

6th Edition

Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen

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