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A real estate investment has the following expected cash flows: Year Cash Flows 1 Rs.12,000 2 24,000 3 48,000 4 32,000 The discount rate is
- A real estate investment has the following expected cash flows:
Year Cash Flows
1 Rs.12,000
2 24,000
3 48,000
4 32,000
The discount rate is 9.5 percent. What is the investments present value
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