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Nine years ago, BreesCo purchased a plot of land for $4,281,828. Today the land is worth...

Nine years ago, BreesCo purchased a plot of land for $4,281,828. Today the land is worth $4,210,262. To make the land suitable the land will require $105,791 worth of improvements. To help determine the potential sales generated by a store in this location, BreesCo. paid $78,445 dollars for a traffic study. What is the appropriate cash flow at time 0 for this investment?

(Enter the magnitude of your answer. Ex: 123 not -123)

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Answer #1

Cash flow at time 0=Opportunity Cost of land+Investment required=-4210262-105791=-4316053

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