Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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The Department of Defense uses an area cost factor (ACF) to compensate for variations in construction costs in different parts of the
country and world. If a cold storage warehouse cost $1,150,000 in Rapid City, South Dakota, where the ACF is 0.95, and the cost of a
similar facility built in Andros Island, The Bahamas, is $2,500,000, what is the ACF for Andros Island?
The ACF for Andros Island is
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Transcribed Image Text:The Department of Defense uses an area cost factor (ACF) to compensate for variations in construction costs in different parts of the country and world. If a cold storage warehouse cost $1,150,000 in Rapid City, South Dakota, where the ACF is 0.95, and the cost of a similar facility built in Andros Island, The Bahamas, is $2,500,000, what is the ACF for Andros Island? The ACF for Andros Island is
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