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An investor expects the following annual cash flows from a property with a $2.15 million purchase price financed in part with a mortgage loan for
An investor expects the following annual cash flows from a property with a $2.15 million purchase price financed in part with a mortgage loan for $1.5 million. What is the NPV of this deal at a 10% required yield?
$60,000
$70,000
$80,000
$87,000
$93,000
$99,000
$105,000 + $740,000
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