A realtor found a deal on a housing development and thinks it can be sold for $257842
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A realtor found a deal on a housing development and thinks it can be sold for $257842 in 3 years due to future commercial development. Using an annual discount rate of 5.1%, what is the present value of this land?
Related Book For
Cost Benefit Analysis Concepts and Practice
ISBN: 978-0137002696
4th edition
Authors: Anthony Boardman, David Greenberg, Aidan Vining, David Weimer
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