Question
You are going to invest $300,000 in a real estate investment project that generates the following cash flows. Year 1 2 3 4 5 Cash
You are going to invest $300,000 in a real estate investment project that generates the following cash flows. Year 1 2 3 4 5 Cash flow 100,000 100,000 100,000 100,000 100,000 Assuming an 11% discount rate, what is the NPV of this project? What is the IRR?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
