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Assume a potential land investor is evaluating the profitability of an anticipated land investment that has an asking price of $2,000 per acre and a
- Assume a potential land investor is evaluating the profitability of an anticipated land investment that has an asking price of $2,000 per acre and a current net cash flow of $120 per acre. Further assume the investor will pay cash, plans on holding the property for 10 years and has a 5% cost of capital.
Is this investment profitable? You must show your work
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
2nd Edition
0765625229, 9780765625229
