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1. You bought a house and you plan to sell this in year 10. the monthly rent is 2,000 and grows at a rate of

1. You bought a house and you plan to sell this in year 10. the monthly rent is 2,000 and grows at a rate of 4% a year. The discount rate is 8% annual. What is the price of the house today? What will be the price you will sell the house in year 10?

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