A property will provide $6,325 a year forever. If its value is $115,000, what must be...
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A property will provide $6,325 a year forever. If its value is $115,000, what must be the discount rate? Note: Enter your answer as a percent rounded to 2 decimal places. Discount rate % A property will provide $6,325 a year forever. If its value is $115,000, what must be the discount rate? Note: Enter your answer as a percent rounded to 2 decimal places. Discount rate %
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Answer rating: 100% (QA)
To find the discount rate we can use the formula for the present val... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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