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19. A real estate investment has the following expected cash flows: Year Cash Flows 1 $11,884.00 2 $26,204.00 3 $47,885.00 4 $42,092.00 5 $46,734.00 The
19. A real estate investment has the following expected cash flows:
| Year | Cash Flows | |
|---|---|---|
| 1 | $11,884.00 | |
| 2 | $26,204.00 | |
| 3 | $47,885.00 | |
| 4 | $42,092.00 | |
| 5 | $46,734.00 |
The discount rate is 10.00 percent per year. What is the investment's present value?
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Offshore Finance And State Power
Authors: Andrea Binder
1st Edition
0192870122, 978-0192870124
