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You are considering a rental property for $ 5 7 5 , 0 0 0 in Wolfville, NS , which you estimate will sell in

You are considering a rental property for $575,000 in Wolfville, NS, which you estimate will sell in 10 years for $835,000; rental income will be $24,000/year- assuming the cost of capital is 7.25%, should you purchase the property, and would your answer change if the cost of capital was 7.45%?

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