(Answered) Question regarding the purchase of land

Management Studies

Question: Lara Technologies is considering a cash outlay of $250,000 for the purchase of land, which it could lease out for $35,000 per year. If alternative investments are available that yield a 12% return, the opportunity cost of the purchase of the land is? Please show steps how you get an answer and please be clear in your explanation.

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Business Management, Management Studies

Category:- Business Management
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