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If you purchased a rental house for $100,000 cash and required a 12% rate of return over a 10-year holding period, what is the minimum
If you purchased a rental house for $100,000 cash and required a 12% rate of return over a 10-year holding period, what is the minimum you would charge for monthly rent?
| a. | $435 | |
| b. | $880 | |
| c. | $1,475 | |
| d. | $1,435 |
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Risk Management And Financial Institutions
Authors: John C. Hull
3rd Edition
1118269039, 9781118269039
