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What is the net present value (NPV) for an investor with a discount rate of 8%, assuming an industrial building can be purchased for $250,000
What is the net present value (NPV) for an investor with a discount rate of 8%, assuming an industrial building can be purchased for $250,000 and is expected to yield cash flows of $18,000 for each of the next five years and be sold at the end of the fifth year for $280,000? You may assume all cash flows are net amounts. (Input your answer rounded to the nearest whole dollar and without the $ sign, e.g., 1000) Hint: Negative values are possible with NPV
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