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The GoofyTower is a 300-room hotel that was built ten years ago for a total project cost of $15,000,000. The market value of the facility

The GoofyTower is a 300-room hotel that was built ten years ago for a total project cost of $15,000,000. The market value of the facility is now estimated at $24,000,000. Help Ms. Tina, the owner, using $1 per $1,000 approach to price the rooms.

$60

$55

$50

$50,000

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