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SAT, 24.02.2022 14:00 lestessanders02

An owner can lease her building for $150,000 per year for three years. The explicit cost of maintaining the building is $50,000, and the implicit cost is $65,000. All revenues are received, and costs borne, at the end of each year. If the interest rate is 7 percent, determine the present value of the stream of:.

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An owner can lease her building for $150,000 per year for three years. The explicit cost of maintain...
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