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solina solina
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6 years ago
The expected after-tax cash flow from an investment property that you are considering is
Year 1   $25,000
Year 2   $27,500
Year 3   $30,250
At the end of year 3 you expect to sell the property for $400,000.  If the appropriate discount rate is 12%, what is the most you should pay for this property?
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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Heavy Heart Thank you bio-forums! Heavy Heart
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David_hessDavid_hess
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6 years ago
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solina Author
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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