Question 19 (1 point) Listen An income producing property is priced at $600,000 and without using a loan to purchase, generates the following cash flows: year 1: $42,000, year 2: $44,000, year 3: $45,000. year 4: $50,000 and year 5 $53,000. Also, in year 5 $597,000 is generated from the sale of the property. If an investor requires a rate of return of 15% and uses an IRR decision making framework, would the investor invest at this price? Does not apply because IRR cannot be used when the investor is not obtaining a loan. No Yes O none of the these answers are correct