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20) You paid $45 million for an apartment complex that is expected to generate the following year-end net cash flows: $3 million for Years 1-2,
20) You paid $45 million for an apartment complex that is expected to generate the following year-end net cash flows: $3 million for Years 1-2, $5 million for Years 3-7, and then $6 million thereafter indefinitely (forever). Assuming your required rate of return is 10%, what is this transactions Net Present Value (NPV)?
please use excel functions if possible
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