"Problem $3-12$

$5\mathrm{.}88$

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A corporation is considering the purchase of an interest in a real estate syndication at a price of $$75,000.$ In return, the syndication promises to pay $$1,000$ at the end of each month for the next $25$ years $(300$ months$).$

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a$.$ If the interest in a real estate syndication is purchased, what is the expected internal rate of return, compounded monthly? Note: Do not round intermediate calculations and round your final answer to $2$ decimal places.

b$.$ How much total cash would be received on the investment?

Note: Round your final answer to the nearest whole dollar.

c$1.$ Of the total cash received, how much is attributable to profit?

Note: Round your final answer to the nearest whole dollar.

c$2.$ Of the total cash received, how much is attributable to return of capital?

Note: Round your final answer to the nearest whole dollar.

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