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An office building is available for sale in Fairlawn. Cash flows from rent amount to $95,000 per year, every year, for the next ten years.

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An office building is available for sale in Fairlawn. Cash flows from rent amount to $95,000 per year, every year, for the next ten years. Financing arrangements are made to borrow at 7.25%. The cost to buy the building is $500,000. Calculate its NPV. a. 159,597.21 b. 150,315.55 c. 135,327.88 d. 122,210.5

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