Question
If the expected before tax return (IRR) on a property was 11% and you could borrow 70% of the purchase price with a 5.5% interest
If the expected before tax return (IRR) on a property was 11% and you could borrow 70% of the purchase price with a 5.5% interest rate, what would your expected before tax IRR (BTIRR) be? "
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a. 23.8%
b. 18.9%
c. 16.6%
d. 12.8%
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The Handbook Of Structured Finance
Authors: Arnaud De Servigny, Norbert Jobst
1st Edition
0071468641, 978-0071468640
