Your firm has capital stock of $10 million and a depreciation rate of 15%. Gross investment is $3 million. How much is net investment?
(a) $1.5 million
(b) $2.0 million
(c) $2.5 million
(d) $3.5 million
Answer: A
Your firm has capital stock of $10 million and a depreciation rate of 15%. Gross investment is $3 million. How much is net investment?
(a) $1.5 million
(b) $2.0 million
(c) $2.5 million
(d) $3.5 million
Answer: A
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