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Lara Technologies is considering a cash outlay of $195,000 for the purchase of land, which it could lease out for $33,050 per year. If alternative
Lara Technologies is considering a cash outlay of $195,000 for the purchase of land, which it could lease out for $33,050 per year. If alternative investments that yield a 15% return are available, the opportunity cost of the purchase of the land is Oa. $3,800 Ob. $33,050 Oc. $29,250 Od. $62,300
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