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a . ) I am looking to invest in an apartment building. The building has annual rents of $ 5 0 , 0 0 0
a I am looking to invest in an apartment building. The building has annual rents of $ and I think I can sell the building in years for $ If I need a rate of return, what is the most I should pay for the building?
b Same apartment building. I can buy the building for $ What do I have to sell the building for in years to get my out of the investment?
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