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Kaimalino Properties(KP) is evaluating six real estate investments. Management plans to buy the properties today and sell them five years from today. The following table

Kaimalino Properties(KP) is evaluating six real estate investments. Management plans to buy the properties today and sell them five years from today. The following table summarizes the initial cost and the expected sale price for eachproperty, as well as the appropriate discount rate based on the risk of each venture.

KP has a total capital budget of $ 18,000,000

$18,000,000 to invest in properties.
a. What is the IRR of eachinvestment?

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