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Question - Lucinda purchased a raffle ticket for $10. Just before the grand prize drawing two people tried to buy her ticket. The first person offered $35, and another later offered $70. What is Lucinda's opportunity cost of keeping the raffle ticket?
a. $45
b. $20
c. $80
d. $70
Beginning January 1, 2013 Sharp acquired 80% of Tippy Co for $1,360,000 (fair market value).
What is the NPV of the project? Should you accept or decline project? Alpha Company is looking enter a new project. The project involves the a few purchasing
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