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Assume you purchase a retail building for $ 1 , 1 5 0 , 0 0 0 . You have no cash flow and no

Assume you purchase a retail building for $1,150,000. You have no cash flow and no
expenses in years 1-9, but you find a buyer at the end of year 9 to buy it from you for
$1,550,000. What is your NPV for this investment using a discount rate of 7%?
a. $126,048
b.-$371,734
c.7.00%
d.-$306,903
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