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You have bought a house today at the price of $600,000. In the next three years, you will rent out this house and get a

You have bought a house today at the price of $600,000. In the next three years, you will rent out this house and get a rent of $50,000 each year. In year 4, you will sell the house at the price of $900,000. Suppose the discount rate (interest rate) is always 10% and in year 4, there is no rent income 2. Please find out the NPVO

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