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A real estate investment has the expected cash flows: Year Cash Flow 1 $13,202 2 $40,425 3 $20,582 4 $7, 431 The discount rate is
A real estate investment has the expected cash flows:
Year Cash Flow
1 $13,202
2 $40,425
3 $20,582
4 $7, 431
The discount rate is 2.4 percent. What is the investments present value?
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Financial Management Theory And Practice
Authors: Eugene F Brigham, Michael C Ehrhardt
11th Edition
0324259689, 9780324259681
