Your client buys a rental property (currently at full capacity with active and current accounts) for cash $250,000. Assuming that she could sell her property for $500,000 at the end of 6 years, what is her return based on the following cash flows?

End of Year 1 = + 24,000

End of Year 2 = + 24,000

End of Year 3 = 4,000 and +22,000

End of Year 4 = + 30,000

End of Year 5 = - 6,000 and+ 30,000

End of Year 6 = + 30,000

(Note negative numbers represent cash outflows and positive numbers represent cash inflows.) (4) the cost of funding new projects

	a.	12.5%
	b.	19.9%
	c.	20.3%
	d.	15.5%