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Business, 11.10.2020 23:01 Allyf23

You can buy a property today for $4 million and sell it in 6 years for $5 million. You will not earn any rental income on the property. Answer the following questions. a.) If the interest rate is 5%, what is the present value of the sales price? (4 pts) b.) Is this a good investment for you? Explain your answer (4 pts) c.) If the interest rate is 5%, what is the present value of the sales price if you also earned $200,000 in rental income each year? (4 pts)

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You can buy a property today for $4 million and sell it in 6 years for $5 million. You will not earn...
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