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You are planning to buy an industrial robot whose price is $10,000, which generates $500 in profits next year. Suppose the interest rate is 4%,

You are planning to buy an industrial robot whose price is $10,000, which generates $500 in profits next year. Suppose the interest rate is 4%, and the depreciation rate is 3%. What is the user cost of capital? $700 $500 $400 $10,000

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