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Given the following cash flows, what is the NPV? (the discount rate is 11.25%) The original investment is $48,000 The property is held for 8
Given the following cash flows, what is the NPV? (the discount rate is 11.25%)
The original investment is $48,000
The property is held for 8 years, and sold at the end of the 8th year.
The annual cash flows are $4,150.
The reversion is $78,587.69
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