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A real estate investment has the following expected cash flows: YEAR CASH FLOW 0 -$106,005.00 1 $12,290.00 2 $28,275.00 3 $51,881.00 4 $48,147.00 The investor
A real estate investment has the following expected cash flows:
| YEAR | CASH FLOW |
|---|---|
| 0 | -$106,005.00 |
| 1 | $12,290.00 |
| 2 | $28,275.00 |
| 3 | $51,881.00 |
| 4 | $48,147.00 |
The investor wants a 6.00% return on this investment. What is the NPV of this opportunity?
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McMillan On Options
Authors: Lawrence G. McMillan
2nd Edition
0471678759, 978-0471678755
