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please help (1090) You own a small piece of commercial land and you have been approached recently with an offer to buy it for $200,000.
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(1090) You own a small piece of commercial land and you have been approached recently with an offer to buy it for $200,000. You are also considering three alternative uses yourself: a gas station, a bar, anda collected the following information about the uses. What should you do? Initial Investment $400,000 $200,000 Cash flow in Growth rate Cost of capital the First Year $70,000 1390 S40,000 12% 15% Gas station Bar Convenience 5% |$500,000 13% $80,000 13 StoreStep by Step Solution
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