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Lara Technologies is considering a total cash outlay of $233,000 for the purchase of land, which it could lease for $47,170 per year. If alternative
Lara Technologies is considering a total cash outlay of $233,000 for the purchase of land, which it could lease for $47,170 per year. If alternative investments are available that yield a 19% return, the opportunity cost of the purchase of the land is a. $44,270 b. $2,900 c. $47,170 d. $91,440
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