Question: Pls help answer this without Excel. I got this incorrect. A real estate investment has the following expected cash flows: YEAR CASH FLOW 0 -$108,262.00

Pls help answer this without Excel. I got this incorrect.

A real estate investment has the following expected cash flows:

YEAR CASH FLOW
0 -$108,262.00
1 $11,543.00
2 $29,042.00
3 $51,281.00
4 $41,065.00

The investor wants a 6.00% return on this investment. What is the NPV of this opportunity?

Answer format: Currency: Round to: 2 decimal places.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!