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QUESTION 9 There is a high-end townhome complex in Florida, Villages on the Green that you are considering purchasing and renting out 11 months of
QUESTION 9 There is a high-end townhome complex in Florida, Villages on the Green that you are considering purchasing and renting out 11 months of the year. The initial investment in the townhome is $750,000. The projected rental income over the next six years is: Year 1 23456 Cash Flow $125,000 $131,000 $140,000 $145,000 $155,000 $165,000 What would be the payback period for this investment? OA. 5.75 years B. 5.34 years C.4.60 years O D. 4.57 years
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