Would you construct the mote


A parcel of land costs $500 000. For an additional $800 000 you can build a motel on The property. The land and motel will be worth $1,500,000 next year. Assume that there is no risk and that the risk free interest rate id 10%. Wuold you construct the motel? Why or why not 

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English: Would you construct the mote
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