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A Net Present Value equal to zero informs an investor of each of the following except _____________. a. They should purchase the property. b. The
A Net Present Value equal to zero informs an investor of each of the following except _____________.
a. They should purchase the property.
b. The IRR exceeds their minimal required rate of return.
c. The IRR is expected to be exactly the investors minimum required rate of return.
d. The investment meets the investors investment requirements.
Properties are appraised for the following reasons except for
a. property tax appeals
b. estate tax purposes
c. insurance purposes
d. determining your loan payoff
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