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You have been offered the opportunity to buy into a real estate investment. The investment is expected to pay out about $16,450 after-tax dollars a
You have been offered the opportunity to buy into a real estate investment. The investment is expected to pay out about $16,450 after-tax dollars a year. The investment requires an $96,000 investment from you. You would normally invest for 10 years and similar investments must earn 12%. Would this investment be acceptable to you? Please show all work.
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