A 15,000 square foot strawberry processing facility costs $1,500,000 to construct. This structure should earn...
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Accounting
A 15,000 square foot strawberry processing facility costs $1,500,000 to construct. This structure should earn an after-tax income of $250,000 annual for its expected life of 20 years when it will have no salvage value. The farmer's discount rate is 6 %. Calculate the net present value of this opportunity. What it the IRR?
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