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Suppose you have a property, and it could be sold for $70979 today, but you plan to continue to hold it for maximum of four

Suppose you have a property, and it could be sold for $70979 today, but you plan to continue to hold it for maximum of four years (i.e. you may hold it for another one year, two years, three years, or four years). The projection of cash flows for the next several years is reported in the table below. Solely based on the given information, how many more years should you hold the property? Please using MRR to solve this, I will rate!image text in transcribed

Year: 4 ATCF from Operations: ATCF from Sales: Assumed Reinvestment Rate 6156 6601 7054 75147980 70979 7577480962 86575 92648 99222 15.40% 15.40% 15.40% 15.40% 15.40%

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