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Suppose that an income producing property is expected to yield cash flows for the owner of $10,000 in each of the next five years, with

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Suppose that an income producing property is expected to yield cash flows for the owner of $10,000 in each of the next five years, with cash flows being received at the end of each period. If the appropriate discount rate for this investment is 9% annually and the property can be sold for $100,000 at the end of the fifth year, determine the value of the property today. O $92,790 $56,743 $103,890 $38,897 O $83,333

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