A parcel of corporate land that your firm owns will be used for a new plant site. Based on the following information, what initial investment cost allocation should the land receive in an NPV Analysis?
You inherited the land
You put the land on the market for $500.000
The lands current fair market value is $300,000
A recent offer was made to purchase the land from your firm for $250,000.
Please tell me what is the appropriate value you should use for the land in an analysis and WHY-

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