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Business, 23.01.2020 22:31 cadeduncan71

An owner can lease her building for $120,000 per year for three years. the explicit cost of maintaining the building is $40,000, and the implicit cost is $55,000. all revenues are received, and costs borne, at the end of each year. if the interest rate is 5 percent, determine the present value of the stream of accounting profits

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An owner can lease her building for $120,000 per year for three years. the explicit cost of maintain...
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