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You (as a private equity investor) note that GoodCo REIT is a decent-looking, debt-free company, that is not managed very well. You are therefore considering

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You (as a private equity investor) note that GoodCo REIT is a decent-looking, debt-free company, that is not managed very well. You are therefore considering this project: - Buy 100% of GoodCo today for $1,000K Receive estimated GoodCo dividends of $50K for the next two years (at EOY 1 and EOY 2). - Sell the firm at EOY 2, just after you receive the EOY 2 dividend. - You estimate that, do to your awesome management improvements, them market price of the firm will be $1,200K when you sell. - You believe, based on your CAPM analysis, that rE for the firm is 12.00% What is the NPV of this project? As always, use the given units. Represent your answer to two decimal places

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