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Problem 4 Let's say an investor feels a certain piece of land will be worth $162,889.46 in 10 years once the road is improved, what
Problem 4 Let's say an investor feels a certain piece of land will be worth $162,889.46 in 10 years once the road is improved, what is the maximum she should pay for the land today assuming she needs to earn at least 5% per year? Yr 10 FV $ 162,889.46 I 5% PV $ 100,000.00
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