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You own a rental property and are expected to receive $10,000 a year every year for the next five years. At the end of year
You own a rental property and are expected to receive $10,000 a year every year for the next five years. At the end of year five you are expected to receive $100,000 for the sale of that property. If you use 5% as a discount rate, what is the value of this rental property.
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