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A corporation is considering the purchase of an interest in a real estate syndication at a price of $77,000. In return, the syndication promises to
A corporation is considering the purchase of an interest in a real estate syndication at a price of $77,000. In return, the syndication promises to pay $1,040 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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