Question
Suppose you have the opportunity to make an investment in a real estate venture that expects to pay investors $75,000 at the end of each
Suppose you have the opportunity to make an investment in a real estate venture that expects to pay investors $75,000 at the end of each year for the next 10 years. You believe that a reasonable return on your investment should be an annual rate of 8% compounded annually. How much should you pay for the investment?
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Private Equity Mathematics
Authors: Oliver Gottschalg
1st Edition
1908783508, 9781908783509
