Refer to the Monument Office example. Assume the capital gain tax rate is lowered to 5 percent

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Refer to the Monument Office example. Assume the capital gain tax rate is lowered to 5 percent for all capital gain (price increase and depreciation recapture). How does this affect the investor’s after-tax IRR?.

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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