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A 3 0 , 0 0 0 square foot greenhouse structure costs $ 5 0 0 , 0 0 0 to construct. This structure should

A 30,000 square foot greenhouse structure costs $500,000 to construct. This structure should earn an after-tax income of $100,000 annual for its expected life of 10 years when it will have no salvage value. The farmers cost of capital (discount rate) is 8 percent. Calculate the net present value.

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