Question: Close Window A Moving to another question will save this response. Question 26 of 31 >> 10 points Save Answer Assume you own a valuable
Close Window A Moving to another question will save this response. Question 26 of 31 >> 10 points Save Answer Assume you own a valuable piece of land (without debt) and are confident you can sell it to a large corporate buyer for about $4,500,000 when the area develops in 5 years. If your required return is 4% annually, what is the approximate land value (to you) today? Ch3 $4,000,000 a. b. $5,474,900 $3,166,600 Cc $3,698,700 d. Close Window A Moving to another question will save this response. Question 26 of 31 >> 10 points Save Answer Assume you own a valuable piece of land (without debt) and are confident you can sell it to a large corporate buyer for about $4,500,000 when the area develops in 5 years. If your required return is 4% annually, what is the approximate land value (to you) today? Ch3 $4,000,000 a. b. $5,474,900 $3,166,600 Cc $3,698,700 d
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