com/exercise/users/problem_sets/45545 6798.64 Submit Answer format: Currency: Round to: 2 decimal places. Show Hint 13 answer A young couple just had their first baby and is looking for additional income. They are considering renting out the space above their garage as an apartment. To convert the space, the couple will have to invest $30,000.00 today. It will take one year before they can begin renting the space. Let's suppose that they can rent the apartment for $724.00 per month for 10.00 years (first payment will be in one year annuity due) The couple would like to earn 6.00% APR on this investment. What is the NPV of this opportunity? not submitte Attempts Remainin Vnfini Submit Answer format: Currency Round to 2 decimal places 24 Suppose that you own a land development company. You have the opportunity to buy a parcel of property today for $400 000 00. Once you own the property you will have to invest in infrastructure (sewer Wnes. electric and ate This will require another investment in year 1 $200,000.00 Mou will then sell the parcel in year 2 of 5800 900 100 10 = COACH Paints More Details