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The expected after-tax cash flow from an investment property that you are considering is Year 1 $300 Year 2 $300 Year 3 $300 Year 4

The expected after-tax cash flow from an investment property that you are considering is

Year 1 $300

Year 2 $300

Year 3 $300

Year 4 $-800

Year 5 $200

Year6 $200

Year 7 $200

If the appropriate discount rate is 12%, what is the most you should pay for this property?(PV of the cashflows)

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