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Several years ago your college purchased a building east of campus for $ 5 0 0 , 0 0 0 . Given changes in the

Several years ago your college purchased a building east of campus for $

500, 000 .

Given changes in the city's real estate mar the current market value of the building is now $

2

million. The total value of the use of the building for the college is estima be $

1.5

million. What should your college do

?

Explain why.

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