A real estate duplex investment is available. The duplex is expected to pay out about $16,450 after-tax dollars a year. The duplex investment requires a $96,000 investment. Similar investments must earn 12% and would be held for 10 years.

Would the duplex investment be acceptable under the conditions given?

		Yes; the investment would earn about 13.03%.
		Yes; the investment would earn about 12.81%
		No; the investment would earn about 11.22%
		No; the investment would only earn about 9.08%.