You are a professional real estate investor, and you are considering the acquisition of a "distressed property" which is on Chino Bank's REO list. Here's are your estimated expenses: If you plan to sell the property 1 year from today, and if you require an 18% annual return (in nominal not effective terms), compounded monthly, your required profit (=money that you'll get to keep) 1 year from today is , and so your required selling price 1 year from today is Rank LOWEST TO HIGHEST the required selling prices if you sell the house 1 year from today versus 2 years from today versus 3 years from today. Assume that the holding period expenses remain unchanged for the additional years. The correct ranking is You are a professional real estate investor, and you are considering the acquisition of a "distressed property" which is on Chino Bank's REO list. Here's are your estimated expenses: If you plan to sell the property 1 year from today, and if you require an 18% annual return (in nominal not effective terms), compounded monthly, your required profit (=money that you'll get to keep) 1 year from today is , and so your required selling price 1 year from today is Rank LOWEST TO HIGHEST the required selling prices if you sell the house 1 year from today versus 2 years from today versus 3 years from today. Assume that the holding period expenses remain unchanged for the additional years. The correct ranking is