Business, 15.04.2020 03:34, cait0820

The required investment cost of a new, large shopping center is $53 million. The salvage value of the project is estimated to be $15 million (the value of the land). The project's life is 19 years and the annual operating expenses are estimated to be $15 million. The MARR for such projects is 22% per year. What must the minimum annual revenue be to make the shopping center a worthwhile venture?

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The required investment cost of a new, large shopping center is $53 million. The salvage value of th...