Your firm is considering building a new office complex. Your firm already owns land suitable...
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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 $110,000; however, a commercial real estate agent has informed you that an outside buyer is interested in purchasing this land would be willing to pay $610,000 for it. When calculating the net present value (NPV) of your new office complex, ignoring taxes, the appropriate incremental cash flow for the use of this land is
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