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Suppose that an income producing property is expected to yield an annual cash flow of $10,000 in each of the following five years. If the
Suppose that an income producing property is expected to yield an annual cash flow of $10,000 in each of the following five years. If the required rate of return is 12% annually and the property can be sold for $100,000 at the end of the fifth year, determine the property value based on discounted cash flow analysis (choose the closest number) 150,000 92,000 56,000 83,000
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