please why this is the answer

O out of 1 poin BTIRR. You can buy the City Select building for $20,000,000 that has fixed leases in place for a lean X the next 5 years providing a constant NOI of $1,400,000 and you sell after 5 years for a net sale price of $20,000,000. Employing a bullet loan at 5% with no points for 80% LTV what is the BTIRR? Selected Answer: a 24.12% Answers: 15.00% 24.12% 25.96% 26.61% 2