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Thomas is considering the purchase of a rental home. He forecasts that he will receive net cash flow of $15,000 every year forever. He plans

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Thomas is considering the purchase of a rental home. He forecasts that he will receive net cash flow of $15,000 every year forever. He plans to hold the house forever (leave it to his heirs). How much is Thomas willing to pay for the rental property if his cost of capital is 12% annually? O $133,929 $266,667 $125,000 O $150,000

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