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An investor purchased a building for $9.5 million 12 years ago and is now selling it for $14 million. Annual depreciation on the building has
An investor purchased a building for $9.5 million 12 years ago and is now selling it for $14 million. Annual depreciation on the building has been $190,000. What is the cost basis of the building today?
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Financial Markets And Institutions
Authors: Jeff Madura
6th Edition
0324162618, 978-0324162615
