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What the opportunity cost of the purchase of the land is

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Question 1: Lara Technologies is considering a total cash outlay of $197,000 for the purchase of land, which it could lease for $36,190 per year. If alternative investments are available that yield a 17% return, the opportunity cost of the purchase of the land is

a. $2,700

b. $36,190

c. $33,490

d. $69,680

Reference no: EM132589868

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