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A retail shopping center was purchased in 2 0 1 6 for $ 2 . 1 million in cash. During the next four years the
A retail shopping center was purchased in for $ million in cash. During the next four years the property appreciated at percent per year. Annual depreciation allowance is $ per year. At the end of year the property is sold; selling expenses are percent. What is the aftertax equity reversion for an investor with an income tax rate of percent, a capital gains tax rate of percent and deprecation recapture of tax rate of percent?
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