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You are considering a real estate investment. The projected cash flows (including today's $40,000 cost) are listed below. Year Cash Flows 0 -$40,000 1 $10,000
You are considering a real estate investment. The projected cash flows (including today's $40,000 cost) are listed below. Year Cash Flows 0 -$40,000 1 $10,000 2 $25,000 3 $50,000 4 $35,000 Assuming a discount rate of 8%, what is this investment's net present value
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