Calculating IRR and NPV 13. An investor is analyzing two pieces of property that are vacant. She wants to determine the best investment to buy and hold for future appreciation in value. Land A Land B Purchase Price (150,000) (100,000) Cost of Carry per year (2,200) (1,500 Projected Sales Price $301,000 $178,000 Holding Period 7 years 5 years What is the projected IRR for both? Land A IRR Land BIRR What could the investor pay for each of the parcels to achieve an 11% investment yield? Land A purchase price Land B purchase price = 14. The investment is expected to produce uneven variable cash flows over a five year holding period. It is projected to sell for $50,000 at the end of year 5. The investor want a 9 percent yield. At what price could the investor purchase the investments to make the desired yield