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A. Assume Bailey invested in a real estate deal several years ago. She doesnt want to have to track the investment anymore. You think the
- A. Assume Bailey invested in a real estate deal several years ago. She doesnt want to have to track the investment anymore. You think the investment will generate a single payment five years from today in the amount of $100,000. Shes willing to sell it to you for $70,000. What would be your return on the investment?
B. What should you pay Bailey if you needed a 30% return on your investment?
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