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49) You are scheduled to receive the following net operating incomes over the next 5 years .. $100,000, $80,000 $80,000, $80,000, $110,000, plus the sale

49) You are scheduled to receive the following net operating incomes over the next 5 years .. $100,000, $80,000 $80,000, $80,000, $110,000, plus the sale of the property at the end of the holding period (reversion) for $700,000. What is the present value of these cash flows if the discount rate is 9%?

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