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A real estate property has the following expected cash flows: YEAR CASH FLOW 0 -$87,065.00 1 $10,503.00 2 $25,542.00 3 $50,396.00 4 $39,051.00 The investor
A real estate property has the following expected cash flows:
| YEAR | CASH FLOW |
|---|---|
| 0 | -$87,065.00 |
| 1 | $10,503.00 |
| 2 | $25,542.00 |
| 3 | $50,396.00 |
| 4 | $39,051.00 |
The investor wants to earn at least 10.00% on any real estate property.
What is the IRR of this investment?
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Household Finance Adrift In A Sea Of Red Ink Palgrave Macmillan Studies In Banking And Financial Institutions
Authors: D. Chorafas
1st Edition
1137299444, 1137299452, 9781137299451
