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Suppose that you own real estate whose market value will be V ( t ) dollars t years from now on . 2 - 1
Suppose that you own real estate whose market value will be dollars years from now on
If the interest rate remains constant over this period, what is the corresponding time stream of present value of the real estate you own?
What is the the optimal time to sell your real estate given the time stream of present value?
Discuss the economic implications you learned from your answer to
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