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3-Point Bonus: If you purchased a house for $100,000 and sold it for exactly 1-year later for $120,000, what would your return on your cash
3-Point Bonus: If you purchased a house for $100,000 and sold it for exactly 1-year later for $120,000, what would your return on your cash investment (Cash-on Cash) be if you purchased it (a) with no financing, (b) with 50% financing and (c) with 80% financing? Show your work
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