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Using a Financial Calculator, are you able to tell me what to input in order to get IRR? Suppose you purchased an income producing property
Using a Financial Calculator, are you able to tell me what to input in order to get IRR?
Suppose you purchased an income producing property for $110,000 today. In Year 1, you were able to negotiate a lease that paid $12,000 per year at the end of each year. If you are able to sell the property at the end of year 5 for $80,000 (after receiving our final lease payment), what was the internal rate of return (IRR) on this investmentStep by Step Solution
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