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Donna is considering an investment property that will cost $1.7 million. She plans to use a loan with an LTV of 80%. She projects the

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Donna is considering an investment property that will cost $1.7 million. She plans to use a loan with an LTV of 80%. She projects the following annual cash flows. Should she say "yes" or "no" to this property if her required rate of return is 18%? Explain your answer and show your work. 12 15 16 28000 28000 2500022000 22000 20000343000

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