Question
A realtor found a deal on a housing development and thinks it can be sold for $257842 in 3 years due to future commercial development.
A realtor found a deal on a housing development and thinks it can be sold for $257842 in 3 years due to future commercial development. Using an annual discount rate of 5.1%, what is the present value of this land?
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Cost Benefit Analysis Concepts and Practice
Authors: Anthony Boardman, David Greenberg, Aidan Vining, David Weimer
4th edition
137002696, 978-1108448284, 1108448283, 978-0137002696
