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A Firm Owns a Building with a Book Value of $150,000

Question 34

Multiple Choice

A firm owns a building with a book value of $150,000 and a market value of $250,000. If the firm uses the building for a project, then its opportunity cost, ignoring taxes, is


A) $100,000.
B) $150,000.
C) $250,000.
D) $400,000.

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