5) Given the following information, calculate the NPV for this property: purchase price: $200,000; discount rate: 15%; CF for year 1: $25,000; CF for year 2: $25,750; CF for year 3: $26,523; CF for year 4: $27,318; CF for year 5: $253,138. A) $347,934 B) $122.61 C) ($12,580.33) D) $107.55 8) Determine the net present value (NPV) of an investment decision to purchase a property for $300,000 that will generate annual cash flows of $24,000 per year for 5 years and sell for $350,000 at the end of the 5-year holding period, if the appropriate discount rate is 10%? (Note: assume payments are made at end of year.) A) $7,546.68 B) $17,300.23 C) $153,807.13 D) $8,301.35 9) Given the following expected cash flow stream, determine the NPV of the investment opportunity: investment horizon: three years; end of first year Nol estimate: $886,464; end of second year Nol estimate: $913,058; end of third year NOI estimate: $940,450; price at which the property is expected to be sold at the end of year 3: $6,500,000; current market price of the property: $6,200,000; discount rate: 9%. A) $653,886 B) $1,127,165 C) ($609,478) D) $546,339