Question
A real estate property has the following expected cash flows: YEAR CASH FLOW 0 -$90,779.00 1 $11,881.00 2 $25,647.00 3 $53,112.00 4 $38,015.00 The investor
A real estate property has the following expected cash flows: YEAR CASH FLOW 0 -$90,779.00 1 $11,881.00 2 $25,647.00 3 $53,112.00 4 $38,015.00 The investor wants to earn at least 9.00% on any real estate property. What is the IRR of this investment?
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International Finance Transactions Policy And Regulation
Authors: Hal Scott, Anna Gelpern
20th Edition
1609303164, 978-1609303167
