Question
Suppose instead,the building will be sold at the end of 20 years for $50,000, Using $146,972.22 as the present value of the rental cash flows,
Suppose instead,the building will be sold at the end of 20 years for $50,000, Using $146,972.22 as the present value of the rental cash flows, what is the most you would be willing to pay for the condo today?
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Get StartedRecommended Textbook for
Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
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