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An office building is for sale for $210,000 and has an estimated reversion value of $200,000 at the end of a five year holding period

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An office building is for sale for $210,000 and has an estimated reversion value of $200,000 at the end of a five year holding period The estimated net operating incomes for the holding period are: Year One $13,000 Year Two $13,500 Year Three 514,500 Year Four $14,000 Year Five 514,200 What is the indicated IRR from this property? A. 7.99% 6 B. 5.73% C. 8.15% D. 8.01% E. 5,88%

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