Question: please explain why this is the answer BTIRR. You can buy the City Select building for $20,000,000 that has fixed leases in place for a

please explain why this is the answer
 please explain why this is the answer BTIRR. You can buy

BTIRR. You can buy the City Select building for $20,000,000 that has fixed leases in place for a least the next 5 years providing a constant NOI of $1,400,000 and you sell after 5 years for a net sale price of $20,000,000. What is the BTIRR? Selected Answer: 7.00% Answers: 7.00% 24.12% 6 25.96% 26.61%

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