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45. A real estate investment has the following expected cash flows: YEAR CASH FLOW 0 -$105,846.00 1 $12,457.00 2 $29,526.00 3 $52,673.00 4 $45,412.00 The

45. A real estate investment has the following expected cash flows:
YEAR CASH FLOW
0 -$105,846.00
1 $12,457.00
2 $29,526.00
3 $52,673.00
4 $45,412.00
The investor wants a 9.00% return on this investment. What is the NPV of this opportunity?

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