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A 54,000 square foot greenhouse structure costs $2.1million to construct. This structure should earn an after-tax income of $190,000 annually for its expected life of
A 54,000 square foot greenhouse structure costs $2.1million to construct. This structure should earn an after-tax income of $190,000 annually for its expected life of 30 years when it will have no salvage value. Calculate the Net Present Value at 6%, and then calculate the Internal Rate of Return.
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