Question
You can buy property today for 3.3 million and sell it in 5 years for 4.3 million. If the interest rate is 9%, what is
You can buy property today for 3.3 million and sell it in 5 years for 4.3 million. If the interest rate is 9%, what is the present value of the sales price? What is the present value of the future cash flows, if you also could earn $230,000 per year rent on the property?
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Quantitative Finance: An Object-Oriented Approach In C++
Authors: Erik Schlogl, Dilip B. Madan
1st Edition
1584884797, 978-1584884798
