Question
An investor wishes to purchase an investment for $10,000 which produces cash flows of $0 EOYI, $1,000 EOY2, $5,000 EOY3, and $7,931 EOY4. If the
An investor wishes to purchase an investment for $10,000 which produces cash flows of
$0 EOYI, $1,000 EOY2, $5,000 EOY3, and $7,931 EOY4. If the investor's target yield for this investment is 13%, what is the maximum price the investor can pay for the property and still earn the desired return?
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Principles Of Sustainable Finance
Authors: Dirk Schoenmaker, Willem Schramade
1st Edition
0198826605, 978-0198826606
