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Business, 30.10.2019 07:31 ayshajabeenmeox5jrh

The required investment cost of a new, large shopping center is $50 million. the salvage value of the project is estimated to be $15 million (the value of the land). the project's life is 19 years and the annual operating expenses are estimated to be $14 million. the marr for such projects is 12% per year. what must the minimum annual revenue be to make the shopping center a worthwhile venture?

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