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A corporation is considering the purchase of an interest in a real estate syndication at a price of $84,000. In return, the syndication promises to

A corporation is considering the purchase of an interest in a real estate syndication at a price of $84,000. In return, the syndication promises to pay $1,180 at the end of each month for the next 25 years (300 months).

Required:

a. If the interest in a real estate syndication is purchased, what is the expected internal rate of return, compounded monthly?

Note: Do not round intermediate calculations and round your final answer to 2 decimal places.

b. How much total cash would be received on the investment?

Note: Round your final answer to the nearest whole dollar amount.

c1. How much is profit?

Note: Round your final answer to the nearest whole dollar amount.

c2. How much is return of capital?

Note: Round your final answer to the nearest whole dollar amount.

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