Question
A real estate investment has the following expected cash flows: YearCash Flows 1 $15,000 2 15,000 3 21,000 4 21,000 The discount rate is 11
A real estate investment has the following expected cash flows: YearCash Flows 1 $15,000 2 15,000 3 21,000 4 21,000 The discount rate is 11 percent. What is the investments present value? Round your answer to 2 decimal places; for example 2345.25.
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Quantum Economics And Finance
Authors: David Orrell
3rd Edition
1916081630, 978-1916081635
