Question
Pls help answer this without Excel. I got this incorrect. A real estate investment has the following expected cash flows: YEAR CASH FLOW 0 -$108,262.00
Pls help answer this without Excel. I got this incorrect.
A real estate investment has the following expected cash flows:
| YEAR | CASH FLOW |
|---|---|
| 0 | -$108,262.00 |
| 1 | $11,543.00 |
| 2 | $29,042.00 |
| 3 | $51,281.00 |
| 4 | $41,065.00 |
The investor wants a 6.00% return on this investment. What is the NPV of this opportunity?
Answer format: Currency: Round to: 2 decimal places.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
