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*****Need to know how to solve in excel, thanks! Plz show work to match correct answer, thanks!**** A property is bought for $900,000 with no
*****Need to know how to solve in excel, thanks! Plz show work to match correct answer, thanks!****
A property is bought for $900,000 with no debt. The annual cash flows for the property are $30,000 in year 1 and they grow by 5% per year. If the property is sold for $1,090,000 at the end of the 5 th year, what is the NPV on the investment if the discount rate is 9% ? 63,696 58,437 122,190 112,101 1,109Step by Step Solution
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