As a financial adviser, what will you tell your client, Benson, he should be willing to pay for an investment property that he plans to buy today and hold for 5 years and then sell, given the following cash flows and the fact that he expects 11% on any investment he makes? Initial Outlay Year 1 Year 2 Year 3 Year 4 O $191,231,57. O $189,910.29. $178,656,73. O $194,589.33. Inflows $0 $45,000 $55,000 $55,000 $255,000 Outflows $55,000 $20,000 $20,000 $35,000 Net ($10,000) $35,000 $35,000 $220,000

As a financial adviser, what will you tell your client, Benson, he should be willing to pay for an investment property that he plans to buy today and hold for 5 years and then sell, given the following cash flows and the fact that he expects 11% on any investment he makes? $191,231,57. $189.910.29. $178,656,73. $194,589.33