Current market value of land

Peter13

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Is current market value of land considered a sunk cost or opportunity cost?
 
I think it’s an opportunity cost even if company own the land it could be sold or rented if not used
 
The land can serve other purposes if it is not used for the project, so it is an opportunity cost.
 
Clearly its not a sunk cost, however its important to determine if the initital investment or subsequent CFs are incremeantal in nature or not..
 
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