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10 pts A rental house is listed for $175,000 and is expected to generate the following cash flows from operations: year 1: $12,000; year 2:

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10 pts A rental house is listed for $175,000 and is expected to generate the following cash flows from operations: year 1: $12,000; year 2: $12,600; year 3: $13,230, and year 4.513,890 (roughly a 5% annual increase). Assume that at the end of year 4, the property could be sold to net $180,000 What is the approximate rate of return (IRR) to the investor who pays the asking price? O 12.7% 0 26.4% O 7.99% O 10.6% O 14.9% MacBook Pro

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