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Jarrett Company is considering a total cash outlay of $300,000 for the purchase of land, which it could lease out for $36,000 per year. If

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Jarrett Company is considering a total cash outlay of $300,000 for the purchase of land, which it could lease out for $36,000 per year. If alternative investments are available that yield a 9% return, the opportunity cost of the purchase of the land is a. $72,000 b. $36,000 C. $27,000 od. $9,000

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