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You are an investor interested in purchasing a vacant parcel of land on which you will ultimately build a logistical facility. The land alone costs

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You are an investor interested in purchasing a vacant parcel of land on which you will ultimately build a logistical facility. The land alone costs $750,000 to purchase today and you will be required to pay $25,000 per year in property taxes. At the beginning of the 10th year you plan to construct the facility for $1,250,000. You will sell your property in the 11th year for $2.25 million. Should you invest if you have a risk-adjusted discount rate of 10%? NPV= IRR= Yes or no

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