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Opportunity cost. Ravn Records will be recording to on a vacant lot next to the operation center the land was purchased ve years ago for

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Opportunity cost. Ravn Records will be recording to on a vacant lot next to the operation center the land was purchased ve years ago for $410,000 Today, the value of the land has appreciated to 3770.000 Revo Recordered the value of the land in its NPV acustions for the studio project had ready spent the money to sure the land long before the pret considered) The NPV of the recording Studies $500.000. Should Revolution Records have considered the band as part of the can flow of the recording studio #yes, what valuesud be used 5410.000 5770.000? How will have the Should en Facer en deed the and we can tow of the recording me? (Select the best expense) Wat we are 10.000 30000 es response OA 5410.000 ON ST70,000 De 50

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