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An investor owned an income-producing property for ten years. This investor decided to hold the property for an additional five years. At the end of
An investor owned an income-producing property for ten years. This investor decided to hold the property for an additional five years. At the end of year 15, the propertys marginal rate of return (MRR) is 10%. Also, at the end of year 15, the reinvestment rate is 11%. Should the investor sell the property at the end of year 15? Briefly explain.
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