A piece of land is being offered for sale at a price of $250,000. You anticipate that

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A piece of land is being offered for sale at a price of $250,000. You anticipate that after 10 years; the land could be sold for $780,000. You have a required are of return on raw lands deals of 20%.

Would this be a good buy for you?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jun 27, 2023 05:53 AM

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A piece of land is being offered for sale at a price of $250,000. You anticipate that

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Income Tax Fundamentals 2013

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