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You recently bought a house for AED 2,000,000 cash and you sold it in one year for AED 3,125,000. You had to pay AED 45,000

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You recently bought a house for AED 2,000,000 cash and you sold it in one year for AED 3,125,000. You had to pay AED 45,000 in taxes and repairs before you sold it. The house was financed by a bank loan and you had to pay interest of AED 55,000. What is your return on investment (ROI)? Show your calculation clearly. Do you think real estate investment diversifies your portfolio? Why or why not? (4 Marks)

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