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Janky Real Estate is considering selling an apartment property that it owns. A buyer is willing to pay $2,000,000 for the property, all of which
Janky Real Estate is considering selling an apartment property that it owns. A buyer is willing to pay $2,000,000 for the property, all of which would be paid to Janky upfront (today). Determine what Jankyshould do under the following scenarios. Janky expects the property to generate a cash inflow of $150,000 every year, forever, with the first cash flow occurring one year from today. The applicable discount rate is 10%
BUY
Not BUY
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