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An opportunity to purchase a real - estate property has come your way. You estimate that you will earn a cash flow of $ 8

An opportunity to purchase a real-estate property has come your way. You estimate that you will earn a cash flow of $8936 per month after expenses and, after some research, you think you may be able to sell the property for $989256 in 11 years. Based on the risk of this investment, you require a return of 10.18%. What is the most you should be willing to pay for the property today?

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