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A real estate investment has the following expected cash flows: YEAR CASH FLOW 0 -$100,498.00 1 $11,589.00 2 $25,659.00 3 $52,368.00 4 $45,791.00 The investor
A real estate investment has the following expected cash flows:
YEAR | CASH FLOW |
---|---|
0 | -$100,498.00 |
1 | $11,589.00 |
2 | $25,659.00 |
3 | $52,368.00 |
4 | $45,791.00 |
The investor wants a 7.00% return on this investment. What is the NPV of this opportunity?
A real estate investment has the following expected cash flows: YEAR CASH FLOW 0 \begin{tabular}{lr} 1 & $11,589.00 \\ 2 & $25,659.00 \\ \hline 4 & $52,368.00 \\ \hline 4 & $45,791.00 \end{tabular} The investor wants a 7.00% return on this investment. What is the NPV of this opportunity? Answer format: Currency: Round to: 2 decimal placesStep by Step Solution
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