Question: 2 3 Question 29 (2.5 points) Hanson is a recent business school graduate. He is started his small business with an investment of $200,000. In

2 3 Question 29 (2.5 points) Hanson is a recent
2 3 Question 29 (2.5 points) Hanson is a recent business school graduate. He is started his small business with an investment of $200,000. In the first year he made a profit of $62,000. If he had taken up a job at a company, he would have earned $50,000 as salary per year. Also, he could have invested her capital, $200.000, in treasury bonds and earned an interest rate of 5%. How much is the total opportunity cost? 5 6 $200,000 9 $62,000 0 12 None of these $50,000 age 5: + 13 chegg.com/homework 14 15 $60,000

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