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Peter and John's and rental home John, Peter's heir, intends to inherit Peter's rental home in 6 years after the 6 year's rent has been

Peter and John's and rental home

John, Peter's heir, intends to inherit Peter's rental home in 6 years after the 6 year's rent has been paid to Peter. The rental income is $52,500 each year forever at a 11% discount rate.

What is the expected value of the home in 6 years, when John inherits the home?

How much might John be able to sell his claim to the home for today?

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