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Stacey is starting a business and needs $ 2 0 , 0 0 0 for next year. To finance the business, she plans to sell
Stacey is starting a business and needs $ for next year. To finance the business, she plans to sell her financial investments to raise the money.
Suppose her financial investments earn her an average return of per year assume the return is next year as well
For simplicity, assume there is no taxes on capital gain.
To work on the business, she also needs to give up a job that pays $
Based on the information provided in this question, the total opportunity cost of starting the business for Stacey is:
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