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A holding property was purchased 10 years ago for $23,000. How much must it sell for now (rounded to the nearest dollar) if the owner

A holding property was purchased 10 years ago for $23,000. How much must it sell for now (rounded to the nearest dollar) if the owner is to realize a pre-tax yield of j2 = 6%? Group of answer choices $30,910 $41,541 $45,190 $38,247

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