Business, 10.03.2020 03:33 tohanab

Suppose you purchased an income producing property for $95,000 five years ago. In Year 1, you were able to negotiate a lease that paid $10,000 per year at the end of each year. If you are able to sell the property at the end of year 5 for $100,000 (after receiving our final lease payment), what was the internal rate of return (IRR) on this investment

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Suppose you purchased an income producing property for $95,000 five years ago. In Year 1, you were a...

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