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What do you anticipate your capitalized cost to be

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Question - Your company is purchasing some land in west Texas to help remediate it for groundwater conservation efforts on the Edwards aquifer. The anticipated impact is over repeated 40-year periods. If you plan to spend $6.8M on the investments necessary to purchase the land and the repeated expenditures of reclamation efforts. If you expect 5% interest, what do you anticipate your capitalized cost to be?

Reference no: EM133137661

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