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A real estate investment has the following expected cash flows: YEAR CASH FLOW 0 -$102,731.00 1 $10,670.00 2 $27,421.00 3 $54,455.00 4 $47,634.00 The investor
A real estate investment has the following expected cash flows:
YEAR | CASH FLOW |
---|---|
0 | -$102,731.00 |
1 | $10,670.00 |
2 | $27,421.00 |
3 | $54,455.00 |
4 | $47,634.00 |
The investor wants a 9.00% return on this investment. What is the NPV of this opportunity?
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