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You consider investing in a real estate project which has an asking price of $30,000. The project is expected to generate annual cash flows to

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You consider investing in a real estate project which has an asking price of $30,000. The project is expected to generate annual cash flows to you of: $5,000 in years 15,$8,000 in years 68 and $19,000 in year 9 . Your required rate of return for projects with similar risk is 10% annually. What is the NPV of this investment? $8,364.90 $9,364.90 $10,364.90 $11,364,90

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