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Business, 11.02.2021 17:40 cr22estiles

. If Mr. Lee decides to take the job, he knows that he can sell the store for $350,000 because of the goodwill built with a steady clientele of neighborhood customers and the excellent location of the building. He would still hold on to the building, however, and he knows he could earn a rent of $50,000 on this asset. If he did sell the business, assume he would use of the proceeds from the sale to pay off his business loan of $50,000. He could then invest the difference of $300,000 and expect to receive an annual return of 9%. Should Mr. Lee sell his business and go to work for the chemical company

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. If Mr. Lee decides to take the job, he knows that he can sell the store for $350,000 because of th...
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