Question
Your grandparents left you some rental property that iwll generate $10,000 a year for five years, then $12,000 for the next 5 years, and then
Your grandparents left you some rental property that iwll generate $10,000 a year for five years, then $12,000 for the next 5 years, and then you plan on selling it at the end of 10 years for $100,000. If you can earn 10% on your funds, what is the maximum you should pay for the property?
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
3rd Edition
0765636891, 9780765636898
