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Lara Technologies is considering a total cash outlay of $229,000 for the purchase of land, which it could lease for $40,040 per year. If

Lara Technologies is considering a total cash outlay of $229,000 for the purchase of land, which it could lease for $40,040 per year. If alternative investments are available that yield a 16% return, the opportunity cost of the purchase of the land is Oa. $36,640 Ob. $76,680 Oc. $3,400 Od. $40,040

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