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An investment opportunity having a market price of $1,000,000 is available. You could obtain a $750,000, 25-year mortgage loan requiring equal monthly payments with interest

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An investment opportunity having a market price of $1,000,000 is available. You could obtain a $750,000, 25-year mortgage loan requiring equal monthly payments with interest at 7.0 percent. The following operating results are expected during the first year. Effective gross income $200,000 Less operating expenses and CAPX $100,000 Net operating income $100,000 For the first year only, determine the: Equity Investment $225,000 $300,000 $250,000 $325,000

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