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Lara Technologies is considering a cash outlay of $203,000 for the purchase of land, which it could lease out for $39,740 per year. If alternative

Lara Technologies is considering a cash outlay of $203,000 for the purchase of land, which it could lease out for $39,740 per year. If alternative investments that yield a 18% return are available, the opportunity cost of the purchase of the land is

$3,200

$39,740

$76,280

$36,540

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