You are looking to buy a strip mall that generates: Y1: $2,500,000 Y2: $2,600,000 Y3: $2,800,000 Y4:
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Question:
You are looking to buy a strip mall that generates:
Y1: $2,500,000
Y2: $2,600,000
Y3: $2,800,000
Y4: $2,900,000
If you paid $18,000,000 for the property and sold it at the end of year 4 for $19,000,000, what would be your rate of return?
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
Posted Date: