Question
You bought a house and you plan to sell this in year 10. the monthly rent is $2,000 and it grows at a rate of
You bought a house and you plan to sell this in year 10. the monthly rent is $2,000 and it grows at a rate of 4% per year. The discount rate is 8% annual. What is the price of the house today? What will be the price you will sell the house in year 10?
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Finance
Authors: Angelico Groppelli, Ehsan Nikbakht
7th Edition
1438010362, 9781438010366
