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samualson samualson
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Posts: 2459
6 years ago
TRL, Inc. has spent $2,000,000 in nonrefundable engineering fees in contemplation of building a convention center and the additional costs to complete the project are $18,000,000. The present value of all benefits the center will produce in its lifetime are $19,000,000, so TRL should not build the convention center.
[True or False]
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 33 times
1 Reply
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Marc18Marc18
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Top Poster
Posts: 1080
6 years ago
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samualson Author
wrote...

6 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
Thanks
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2 hours ago
Good timing, thanks!
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