Question:
13 The owner of a corner lot is trying to decide between two
Last updated: 3/26/2024
13 The owner of a corner lot is trying to decide between two alternate uses for the land His options are Fast food rest Gas station Initial cost 800 000 1 100 000 Y1 net benefit 150 000 190 000 Y2 net benefit 150 000 225 000 Y3 to Y10 150 000 275 000 The salvage value for both options is 0 at the end of 10 years The owner has an MARR of 15 for all projects Using IRR analysis which project would you recommend