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An office building has a projected after-tax cash flow of $58,000 per year. and its net sales proceeds after 10 years is $600,000. Given its

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An office building has a projected after-tax cash flow of $58,000 per year. and its net sales proceeds after 10 years is $600,000. Given its risks, you would not buy it unless you felt sure it would return 15 percent a year. How much would you be willing to pay for it today? (10 points)

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