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A corporation is considering the purchase of an interest in a real estate syndication at a price of $75,000. In return, the syndication promises to

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A corporation is considering the purchase of an interest in a real estate syndication at a price of $75,000. In return, the syndication promises to pay $1,000 at the end of each month for the next 25 years (300 months). If purchased, what is the expected internal rate of return, compounded monthly? How much total cash would be received on the investment? How much is profit and how much is return of capital? 12

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