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Sufficient funds are available to build up to four stories on a building site. The projected costs and revenues of having either 1 , 2
Sufficient funds are available to build up to four stories on a building site. The projected costs and revenues of having either or floors is tabled below. The investment life is years with a minimum attractive rate of return at How many floors should be erected for this building?
tabletableNumber ofStoriesTotal Cost,tableOperatingCost per yeartableTotal Revenueper year
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