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Question 3 7 Your firm is considering building a new office complex. Your firm already owns land suitable for the new complex. The current book
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Your firm is considering building a new office complex. Your firm already owns land suitable for the new
complex. The current book value of the land is USD however a commercial real estate agent has
informed you that an outside buyer is interested in purchasing this land and would be willing to pay USD
for it When calculating the NPV of your new office complex, ignoring taxes, what is the
opportunity cost of the land?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
