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Memphic Memphic
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6 years ago
Your firm is considering building a new office complex.  Your firm already owns land suitable for the new complex.  The current book value of the land is $100,000, however a commercial real estate agent has informed you that an outside buyer is interested in purchasing this land and would be willing to pay $650,000 for it.  When calculating the NPV of your new office complex, ignoring taxes, the appropriate incremental cash flow for the use of this land is:
A) $650,000
B) $0
C) $100,000
D) $750,000
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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EgorGruzdevEgorGruzdev
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6 years ago
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