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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 V(t) dollars t years from now on.
2-1) If the interest rate (r) remains constant over this period, t, what is the corresponding time stream of present value of the real estate you own?
2-2) What is the the optimal time t0 to sell your real estate given the time stream of present value?
2-3) Discuss the economic implications you learned from your answer to 2-2).
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