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Question 10 10 pts Suppose that you are considering the purchase of a parcel of land for $200,000. The property is vacant and produces no

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Question 10 10 pts Suppose that you are considering the purchase of a parcel of land for $200,000. The property is vacant and produces no income, but there are property taxes of $4,000 per year that must be paid. If you hold the property for 5 years, and get $349,000 from the sale, what would your return be on this investment? 0 6.74% 8.47% 0 10.15% 0 11.80% O 13.40%

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