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Business, 30.10.2019 20:31 keidyhernandezm

The required investment cost of a new, large shopping center is $52 million. the salvage value of the project is estimated to be $22 million (the value of the land). the project's life is 15 years and the annual operating expenses are estimated to be $17 million. the marr for such projects is 18% per year. what must the minimum annual revenue be to make the shopping center a worthwhile venture?

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