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You recently received an offer of appointment as an investment analyst with IQM Finance Corporation. This company specializes in investing in rental properties within the

You recently received an offer of appointment as an investment analyst with IQM Finance Corporation. This company specializes in investing in rental properties within the Greater Winnipeg Area.IQM corporation uses 13% as its cost of capital. IQM corporation has recenty received a large imvestment from Tymy Jones, a retired executive asked to analyse both imvestment options and malal property. He has narrowed his choices to two apartment compleres, Village Manors and Town Acres. You have been end of the ten year the apartments can be sold for 150% of its original cost The antics . The investment will be for 10 years and each apartment will cost $2 million. At the
\table[[Village Manors,Towm Acres],[Initial Irvestments,2,000,000,Initial Investments,2,000,000
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