D Use the below information to complete the operations and reversion proformas, then answer the following 5 questions Purchase price $400,000 LTV 70% Term & Am 20 years Interest rate 4.00% $6,000 4 years $5,000 fixed each year Closing costs Holding period Annual income taxes Marginal tax rate Taxes due on sale Discount rate (before tax) 30% $100,000 15% YEAR O Operations NOI CAPEX PBTCF YEAR 1 YEAR 2 YEAR 3 YEAR 4 $ 32,000 $ 40,000 $ 45,000 $ 50,000 $ 15.000) $17.000) $_(8,000) $ 0 27,000 $ 33,000 $ 37,000 $ 50,000 YEAR 1 YEAR 2 YEAR 3 YEAR 4 $ 500,000 $_(15.000) $ 485,000 Reversion YEAR O FSP SE NSP What is the before tax IRR for this investment? 19.23% 29.05% 24.32% None of these are correct 27.17 % D Question 50 What is the after-tax NPV for this investment? None of these are correct -$2,486 urse $5,771 $3.925 -$24,166 Surces