pice. c. If Rose Garden is acquired fof 321, over the five-year period of ownership? the year 5 following: year 1, s200,000; year 2, $210,000; year 3, S220,000; year 4, S230,000 o $240,000. The property will be sold at the end of year 5 and the investor believes tht property value should have appreciated at a rate of 3 percent per year during the five,t the period. The investor plans to pay all cash for the property and wants to earn a 10 percent re on investment (IRR) compounded annually a. What should be the property value (REV) at the end of year 5? 13.) An investor is considering the purchase of a small ive-year b. What should be the present value of the property today? c. How can the value at the end of year 5 be estimated today if the present value t today is d. Based on your answer in (b), if the building could be reproduced for S2,300,000 today, what Can tah in the Excel Workbook provided on unknown? would be the underlying value of the land