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  3. company z invests $200,000,000 in an office buildi

Company Z invests $200,000,000 in an office building and the company plans to...

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Accounting

Company Z invests $200,000,000 in an office building and the company plans to hold the building for many years. If the office building has increased its value to $1,612,462,000 and the discount rate was 11%. How many years did Company Z own the office building?
  • A. 17
  • B. 18
  • C. 19
  • D. 20

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